English Explanatory Dictionary

absorption costing

English dictionary entry

Meanings

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

Pronunciation

/æbˈsɔɹp.ʃn̩ ˈkɑs.tɪŋ/ /æbˈzɔɹp.ʃn̩ ˈkɑs.tɪŋ/ /əbˈzɔɹp.ʃn̩ ˈkɑs.tɪŋ/ /əbˈsɔɹp.ʃn̩ ˈkɑs.tɪŋ/

Word forms

absorption costing absorption costings
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