ABSORPTION COSTING Definition

Bookmark and Share

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.

Learn new Accounting Terms

LEXIS is Legal Exchange Informaton Service.

EQUITY OFFERING see EQUITY CAPITAL.

Suggest a Term

Enter Search Term

Enter a term, then click the entry you would like to view.