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  • Absorption Costing

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    Yagyarth Srivastava
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    Absorption costing is a managerial accounting cost method of expensing all costs associated with manufacturing a particular product. It uses the total direct costs an d overhead costs associated with manufacturing a product as the cost base.

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    Absorption costing is a managerial accounting cost method of expensing all costs associated with manufacturing a particular product. It uses the total direct costs an d overhead costs associated with manufacturing a product as the cost base.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as TXT, PDF, TXT or read online from Scribd
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    25 views1 page

    Absorption Costing

    Uploaded by

    Yagyarth Srivastava
    Absorption costing is a managerial accounting cost method of expensing all costs associated with manufacturing a particular product. It uses the total direct costs an d overhead costs associated with manufacturing a product as the cost base.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as TXT, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 1

    ABSORPTION COSTING-

    A managerial accounting cost method of expensing all costs associated with manuf
    acturing a particular product. Absorption costing uses the total direct costs an
    d overhead costs associated with manufacturing a product as the cost base. Gener
    ally accepted accounting principles (GAAP) require absorption costing for extern
    al reporting.

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