ABSTRACT
Out and out exponents of Marginal Costing consider that this approach alone deserves the attention of Cost Accountants. They would increase the number of these inquiries and devise new forms of record to facilitate answering them, and they would abandon conventional costing. The choice of one out of several alternatives must be the only object of anyone who wishes to act. The insistence on the availability of accurate technical data and market statistics means that these are also available for engineers and salesmen in considering their own problems. Marginal costing does not provide for the control of men and materials, and subsidiary methods would presumably have to be used for this purpose. Conventional costing is detailed accounting. An accountant examining a well-kept costing system feels at home. He finds the double-entry system giving a trial balance and leading to the totals in the financial accounts.
