Tiger Analytics Financial Associate Interview Questions and Answers

Marginal costing is a costing technique where only variable costs are considered in determining the cost of a product or service.

• Marginal costing helps in determining the contribution margin of a product, which is the difference between its selling price and variable costs.

• Fixed costs are not included in the calculation under marginal costing.

• It is useful for decision-making as it helps in analyzing the impact of chang...read more