Marginal costing vs direct costing, Cost Accounting

MARGINAL COSTING Vs DIRECT COSTING

Direct costing is the method where only direct costs are measured while calculating the cost of the product. Indirect costs are met in opposition to the total margin (excess of selling price over direct costs) specified by all the products taken together. A DIRECT COST is a cost that can be known readily with a a function, department, a unit of product or some other relevant unit. A direct cost therefore may be fixed or variable.  Although most of the direct costs are variable costs, all direct costs cannot be direct.

Posted Date: 10/15/2012 6:55:36 AM | Location : United States







Related Discussions:- Marginal costing vs direct costing, Assignment Help, Ask Question on Marginal costing vs direct costing, Get Answer, Expert's Help, Marginal costing vs direct costing Discussions

Write discussion on Marginal costing vs direct costing
Your posts are moderated
Related Questions
Direct Material Price Variances The two direct material price variances can be summarized given as: From our basic data first before the beginning of the discussion on

critically explain cost accounting as 1. a service activity 2. a descriptive/analytical discipline 3. an information system

why is determining the cost to manufacture a product quite a different activity from determining how to control such cost?


Marple Associates is a consulting firm that specializes in information systems for construction and landscaping companies. The firm has two offices-one in Houston and one in Dallas

Accounting Treatment of Spoilage Costs 1) Normal Spoilage Costs: These costs are assigned to the good output utilizing two approaches as: (i) Omission Approach:  Under th


Dixon Corporation was established on January 1, Year 1.  The firm has 2 divisions, Division A and Division B.  Division A manufactures standard carpets, and Division B manufactures

XYZ Co. manufactures automation machinery according to customer specifications.  The company is relatively new and has grown each year.  XYZ Co. operated at about 75% of practical

What is callable preferred stock? Why do corporations issue such stock? Given the different features that are associated with stock (callable, cumulative, preferred, etc.), what ty