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Definition of marginal costing

Submitted by skeptic on Sun, 2007-07-01 21:41

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"Definition of marginal costing is incorrect in accounting terms. It identifies the cost and contribution of producing one more unit of work/activity. Definition given in the glossary more closely resembles that for standard costing."

[from http://www.best-management-practice.com/changeLog/maintainIssue.aspx?ID=9 ]

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