absorption costing

Absolute assurance in auditing - meaning

6 differences between marginal costing and absorption costing.

Absorption costing is the conventional technique of ascertaining cost. It is the practice of charging or costs, both variable and fixed to operations, processes or products and it is also known as full costing technique. In other hand marginal costing is technique of presenting cost data wherein variable costs and fixed costs are shown separately for managerial decision making.

407bd differencebetweenabsorptioncostingandmarginalcosting


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