ABSORPTION VARIANCE Definition

Bookmark and Share

ABSORPTION VARIANCE is the variance from budgeted absorption costing of manufactured product. See also ABSORPTION COSTING.

Learn new Accounting Terms

NEW SHEKEL (SHEQEL, SHEQALIM, SHEKALIM) is a currency of Israel.

STOCKOUT is running out of inventory, e.g. the demand or requirement for an item(s) cannot be fulfilled from existing inventory.

Suggest a Term

Enter Search Term

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