TRANSPORTATION OUT Definition

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TRANSPORTATION OUT is part of cost of selling therefore included as selling expense, i.e. part of SG&A.

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ABSORB is to assimilate, transfer or incorporate amounts in an account or a group of accounts in a manner in which the first entity loses its identity and is "absorbed" within the second entity. For example, see ABSORPTION COSTING.

ABSORBED COSTS incorporates both variable and fixed costs.

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