marginal costing
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what's the formula for marginal costing of a single unit?
e.g. work the marginal costing per unit of general expenses of £110,000 which has fixed costs of £71,000 and sales of £770,000 on 20,000 units.
many thanks
sebula
e.g. work the marginal costing per unit of general expenses of £110,000 which has fixed costs of £71,000 and sales of £770,000 on 20,000 units.
many thanks
sebula
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Re:marginal costing
the marginal cost of a unit is all the variable costs added together. To find this I guess you need to use the high low method in your example. If you could post the whole question I'll have a go as I'm not really sure that I understand what you are saying.
Annette0