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
full explanation on cost concept and classification

Long-Term Liabilities: These are usually for more than one year. They cover almost all the outsider's liabilities not comprised in the current liabilities and provisions. Such

what is the equivalent unit for materials? if the cost of normal lots units are absorbed by the units transferred out to the next department the work in process- beginning (60% com

What are the strengths and weaknesses of the various costing methods and which would you recommend for a manufacturing enterpris? 2000word assay plus appendix


Managerial ACCT 2 Ulrich Framing is well known for the quality of its picture framing. Lucinda Ulrich, CEO, believes that the number of linear feet or framing used is the best is t

Candler Inc a computer software development firm has stock outstanding as follows: 40,000 shares of $2 nonparticipating, noncumulative preferred stock of $10 par, and 250,000 share

Discuss the advantages and disadvantages of designing an IC using VHDL and synthesis compared with the traditional design approach using schematic capture, simulation and layout.

explain the different methods of costing

1) Jodie received a $2000 college entrance scholarship. Nine month later Brian was awarded a $2100 academic proficiency scholarship for his outstanding grades in the first year of