Question 2
Question 2(a)
(a)
Define the term full costing.
[ 2 ]
Question 2(b)
(b)
Explain one limitation of contribution costing.
[ 3 ]

Practise distinguishing full from contribution costing and analysing the assumptions and limitations that affect pricing, product continuation and special-order decisions.
Define the term full costing.
Explain one limitation of contribution costing.