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Marginal cost is computed as

A. Prime cost + All Variable overheads

B. Direct material + Direct labor + Direct Expenses + All variable overheads

C. Total costs – All fixed overheads

D. All of the above

Related Questions on Management Accounting Test Questions

Time value of money indicates that

A. A unit of money obtained today is worth more than a unit of money obtained in future

B. A unit of money obtained today is worth less than a unit of money obtained in future

C. There is no difference in the value of money obtained today and tomorrow

D. None of the above