#2 Marginal Costing TYBCOM SEM 6 | Cost accounting | BAF | BMS

#2 Marginal Costing TYBCOM SEM 6 | Cost accounting | BAF | BMS Marginal costing is a costing technique wherein the marginal cost, i.e. variable cost is charged to units of cost, while the fixed cost for the period is completely written off against the contribution. Marginal cost is the change in the total cost when the quantity produced is incremented by one. Marginal Cost lecture series links: Part 1 -    • #1 Marginal Costing | TYBCOM SEM 6 - Cost ...   Part 2 -    • #2 Marginal Costing TYBCOM SEM 6 | Cost ac...   Part 3 -    • #3 Marginal Costing TYBCOM SEM 6 | Cost ac...   Part 4 -    • #4 Marginal Costing TYBCOM SEM 6 | Cost ac...   Part 5 -    • #5 Marginal Costing TYBCOM SEM 6 | Cost ac...   Part 6 -    • #6 Marginal Costing - TYBCOM SEM 6 | Cost ...   Part 7 -    • #7 Marginal Costing TYBCOM SEM 6 | Cost ac...   Features of marginal costing are as follows: 1) Marginal costing is used to know the impact of variable cost on the volume of production or output. 2) Break-even analysis is an integral and important part of marginal costing. 3) The contribution of each product or department is a foundation to know the profitability of the product or department. 4) The addition of variable cost and profit to contribution is equal to the selling price. 5) Marginal costing is the basis of the valuation of stock of a finished product and works in progress. 6) Fixed cost is recovered from contribution and variable cost is charged to production. 7) Costs are classified on the basis of fixed and variable costs only. Semi-fixed prices are also converted either as a fixed cost or as a variable cost. Please like, share, and subscribe. BCOM Lecture Series (Playlist)    • TYBCOM Sem 5 Mumbai University | Online Le...   Video Presented by : Prof. Tauseef Khan (M.Com, MBA, UGC - NET) Follow us on : Telegram: https://t.me/tybcom_scholarszilla Twitter:   / tauseef_sir   Instagram:   / scholarszilla   Visit our website https://www.scholarsclasses.com/blog #tybcomscholarszilla #tybcom #marginalcosting #Mumbaiuniversity