Bullbear Buffett

Keep INVESTING Simple and Safe (KISS)***** Investment Philosophy, Strategy and various Valuation Methods***** Warren Buffett: Rule No. 1 - Never lose money. Rule No. 2 - Never forget Rule No. 1.

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Showing posts with label marginal costing. Show all posts

Showing posts with label marginal costing. Show all posts

Wednesday, 12 April 2017

Marginal Costing: Selling price > Variable or Direct cost ---> part of the Fixed cost is absorbed by the margin.

Marginal costing is a useful way of emphasizing the marginal costs of production and services. This information is of great help in makin...

A basic understanding of the principles of costing is important in business management.

Most non-financial managers instinctively know that costing is important. Unfortunately, it is probably also true that most non-financia...

Monday, 10 April 2017

Do not overlook the value of marginal costing

When times are tough there is likely to be pressure on sales and margins. In this situation, marginal costing could be very helpful. It...

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