This chapter introduces you to the basics of Marginal costing which is "an accounting system in which variable costs are charged to units and fixed costs of the period are written in full against aggregate contribution". In this chapter, you will also explore the different types of costs involved in Marginal costing and their applications.

This chapter introduces you to the basics of Marginal costing which is "an accounting system in which variable costs are charged to units and fixed costs of the period are written in full against aggregate contribution". In this chapter, you will also explore the different types of costs involved in Marginal costing and their applications.