Which statements about marginal costing are correct?
1 It only uses fixed and variable costs in calculations.
2 It only uses variable costs in calculations.
3 It should only be used for long-term planning decisions.
4 It should only be used for short-term planning decisions.
1 )
1 and 3
2 )
1 and 4
3 )
2 and 3
2 and 4
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