A-LevelAccountingTraditional costing methods9706/12 · May/June 2020 · Q251 Mark

Which statements about marginal costing are correct? 1 It cannot be used as a basis to calculate contribution. 2 It is useful for decision-making. 3 It recognises the importance of fixed costs.

A1 and 2

B2 and 3

C2 only

D3 only

✓ Correct answer

C: 2 only

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Topic: Traditional costing methods, A-Level Accounting (syllabus 9706). Multiple choice, 1 mark.
Source: A-Level Accounting, May/June 2020 Paper 1 Variant 2, question 25.

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