This research was aimed at finding out what marginal costing is all about, to evaluate and critically examine the various application of marginal costing technique for decision and to investigate the problems arising from making use of the technique and then to provide possible solution to the problems based on the research findings, and also to make recommendations when if implemented, would help organization adopt the technique.
The data for the study were got from your principals sources questionnaire, library research, oral interview and personal observations.
The data were analysed with percentages while the tests and analysis of the research hypothesis were done using chi-square statistical technique.
This research has revealed that the importance of marginal costing technique ties in the good assistance it may give a solving problems. Marginal costing technique is concerned particularly with the ascertainment of marginal effect on profit of changes in volume or type of output by differentiating between fixed cost and variable cost. It helps to facilitate cost control and it brings out clear and simple terms which shows exact relationship between cost, selling price and volume. It is the researchers belief that those recommendation would help achieve the desired objectives. If properly adhered to by the organizations adopting the technique.
TABLE OF CONTENT
TABLE OF CONTENT X
1.1Statement of problem6
1.2Purpose of the study7
1.3Significance of the study 7
1.4Statement of hypothesis8
1.5Scope of the study9
1.6Limitation of the study10
1.7Definition of terms10
2.0Review of related literature15
2.2Relevant and irrelevant cost for decision making18
2.3Comparison between marginal costing Technique and Absorption technique38
2.4Difference in stock variable in absorption and marginal costing approach.55
2.5Advantages of marginal costing technique 61
2.6Disadvantages of marginal costing technique63
2.7Importance of marginal costing technique64
3.0Research design and methodology66
3.1Sources of data67
3.3Method of investigation70
4.0Data presentation and analysis76
4.1Data presentation and analysis76
4.2Test of hypothesis88
5.0Summary of findings, conclusion and recommendation
(2018). MARGINAL COSTING TECHNIQUE AS A TOOL FOR MANAGEMENT DECISION MAKING. Afribary. Retrieved from https://afribary.com/works/marginal-costing-technique-as-a-tool-for-management-decision-making-7861
"MARGINAL COSTING TECHNIQUE AS A TOOL FOR MANAGEMENT DECISION MAKING" Afribary. Afribary, 29 Jan. 2018, https://afribary.com/works/marginal-costing-technique-as-a-tool-for-management-decision-making-7861. Accessed 31 Mar. 2023.
. "MARGINAL COSTING TECHNIQUE AS A TOOL FOR MANAGEMENT DECISION MAKING". Afribary, Afribary, 29 Jan. 2018. Web. 31 Mar. 2023. < https://afribary.com/works/marginal-costing-technique-as-a-tool-for-management-decision-making-7861 >.
. "MARGINAL COSTING TECHNIQUE AS A TOOL FOR MANAGEMENT DECISION MAKING" Afribary (2018). Accessed March 31, 2023. https://afribary.com/works/marginal-costing-technique-as-a-tool-for-management-decision-making-7861