absorption costing

noun
/æbˈsɔɹp.ʃn̩ ˈkɑs.tɪŋ/US

Definitions

  1. An accounting method to calculate the total cost of a product by factoring both direct…

    An accounting method to calculate the total cost of a product by factoring both direct and indirect costs.

The neighborhood

Vish — recursive loop

No curated loop yet for absorption costing. Loops are being traced one word at a time while the ingestion pipeline matures.

sense glosses and etymology drawn from English Wiktionary · source · CC-BY-SA