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marginal costing

   Also found in: Financial, Encyclopedia, Wikipedia 0.01 sec.
marginal costing
n
(Economics, Accounting & Finance / Accounting & Book-keeping) a method of cost accounting and decision making used for internal reporting in which only marginal costs are charged to cost units and fixed costs are treated as a lump sum Compare absorption costing
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For the budgeted income statement, because we are now using marginal costing we must deduct variable costs from sales to give us the contribution and then deduct all of the fixed costs to arrive at the profit (see panel 7).
Management accounting--performance evaluation: in their second of two ... by Thompson, Tim; White, Vaughn / Financial Management (UK)
The concepts of fixed and variable overheads, overhead absorption and contribution and marginal costing can be found in a number of CIMA papers.
Management accounting papers: even holy matrimony isn't sacred when ... by Sheahan, Victor / Financial Management (UK)
Marginal costing ignores cash flows that won't be affected by a proposal, since they are deemed irrelevant, but this can take a naive view of prepaid sunk costs or future committed costs when applied to short-term decisions, since firms must cover all their costs in the medium to long term to make a profit.
Management accounting--decision management: marginal costing is a ... by Steven, Grahame / Financial Management (UK)
 
 
 
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