ACCOUNTING TERMS - ACCOUNTING DICTIONARY - ACCOUNTING GLOSSARY
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ABSORPTION COSTING Definition
ABSORPTION COSTING is the method under which all manufacturing costs, both variable and fixed, are treated as product costs with non-manufacturing costs, e.g. selling and administrative expenses, being treated as period costs.
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TRADE DATE, in securities, is the actual date on which a trade is initiated or executed.
TARGET MARGIN is the desired profit on each sale; used to determine the selling price where the average total cost is known.