Bayt.com

Start networking and exchanging professional insights

Register now or log in to join your professional community.

Follow

What arguments can be advanced in favor of variable costing?

Gross Margin Costing
user-image
Question added by Nick Ivan
Date Posted: 2016/03/02
Upvote (0) Views (1) Followers (2) Answers (1) Report Question
Write an Answer
Register now or log in to answer.
Frank Mwansa
by Frank Mwansa , ACCOUNTING LECTURER , FREELANCER

1. simple to operate

2. No apportionment of fixed costs

3. Contribution is more useful in decision making than profit information

4 Over/under absorption of overheads is avoided

5 Marginal costing is a great aid to decision making.

Write Your Answer
More Questions Like This