Marginal costing and absorption costing Flashcards by Evina Maroutsou | Brainscape

Q

Marginal costing

A

The variable cost of one unit of product or service

How well did you know this?

1

Not at all

2

3

4

5

Perfectly

Q

Contribution

A

The difference between the selling price and all the variable costs of a product

How well did you know this?

1

Not at all

2

3

4

5

Perfectly