BANK SEBI Grade A Phase 1 & Phase 2 Mock Test 2024 Accounting and Auditing Cost and Management Accounting Marginal Costing
Which of the following are NOT assumptions of Marginal Costing?
a) The total cost can be segregated into fixed and variable costs.
b) Fixed costs per unit of production remain constant.
c) Variable cost remains constant per unit of output.
d) The selling price per unit remains unchanged.
e) Variable cost is variable per unit.
Choose the correct answer from the options given below:
1
(a) and (b) only
2
(b) and (e) only
3
(c) and (d) only
4
(b) and (c) only
5
None of the above