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While computing profit in marginal costing

A. Total marginal cost is deducted from total sales revenues

B. Total marginal cost is added to total sales revenues

C. Fixed cost is added to contribution

D. None 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