Marginal Costing: Statement of Profit or Loss
Cambrige AS and A Level Accounting Notes (9706)/ ZIMSEC Advanced Accounting Level Notes: Marginal Costing: Statement of Profit or Loss
- As has been outlined here there are differences between marginal costing and absorption costing
- One such stark difference is in the format of statements of profit
- Below is a proforma Statement of Profit using marginal costing