MS-04 Accounting and Finance for Managers

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MS-04 Accounting and Finance for Managers

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This web page anffm.blogspot.com states the following, "MS-04 Accounting and Finance for Managers." We saw that the webpage said " Monday, June 20, 2011." It also said " Posted by Satish Raj Pathak. The technique of Marginal Costing is a definite improvement over the technique of Absorption Costing. According to this technique, only the variable costs are considered in calculating the cost of the product, while fixed costs are charged against the revenue of the period. The revenue arising from the excess of sales over variable costs is technically known as Contribution under Marginal Costing."

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