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Prime cost plus variable overheads is known as

This question belongs to Commerce Costing
Costing
?

Prime cost plus variable overheads is known as________.

Answer & Solution
Correct Answer: Option D
Prime cost plus variable overheads is known as Marginal cost. Marginal cost is the change in the total cost that arises when the quantity produced is incremented by one unit; that is, it is the cost of producing one more unit of a good.
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2 Comments
Ashfaque Ahmed
Ashfaque Ahmed 3 years ago
________ plan serving as a pattern for and a control over future operations is known as budget.
Laxmidhar Pradhan
Laxmidhar Pradhan 7 years ago
Here there is no change in cost in the question asked..otherwise there can be different answer..
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