Resource title

Absorption Accounting

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image for OpenScout resource :: Absorption Accounting

Resource description

Absorption accounting is a method of accounting where all the costs of manufacturing, (including fixed, variable and mixed costs) are allocated to the produced units. This method is in contrast to variable (or marginal or direct) costing, which attaches only variable costs to the manufactured output and charges the fixed costs to the accounting period.

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Resource language

en

Resource content type

text/html

Resource resource URL

http://www.referenceforbusiness.com/encyclopedia/A-Ar/Absorption-Accounting.html

Resource license

Copyright © 2011 Advameg, Inc.