Absorption Full Costing
Definition: Assigns both variable and fixed overhead to each unit
Scope:ModerateDifficulty:Moderate
Part of: Cost Accounting
Assigns both variable and fixed overhead to each unit
StandardsGAAP, IFRS
CertificationsCMA, CPA
GeographyRequired for external reporting
Related Subjects
See Also
- Cost AccountingPart of Cost Accounting
External Links
- Absorption costing — Wikipedia