Transcription of Chapter 9: Absorption/Variable Costing
{{id}} {{{paragraph}}}
Example: dental hygienist
Chapter 9: Absorption/Variable Costing
Chapter 9: Chapter 9: Absorption/Variable CostingH 13 1 Horngren 13eABSORPTION Costing Absorption Costing is required for external financial reports and for tax reporting. Under absorption Costing , product costs include allmanufacturing costs: Direct materials. Direct labor. variable manufacturing overhead. Fixed manufacturing overhead. Under absorption Costing , the following costs are treated as period expenses and are excluded from dproduct costs: variable selling and administrative costs. Fixed selling and administrative COSTINGVARIABLE Costing variable Costing is an alternative for internal management reports. Under variable Costing , product costs include only the variablemanufacturing costs: Direct l b ( lfi d) Directlabor(unlessfixed).
Chapter 9: Absorption/Variable Costing 3 H 1 1 Horngren 13e ABSORPTION COSTING • Absorption costing is required for external financial reports and for tax reporting.
Loading..
Tags:
Information
Domain:
Source:
Link to this page:
Please notify us if you found a problem with this document:
Related search queries
Types of Variables, Indiana University Bloomington, Variable, Right—Paying for Performance Through Variable, Industrial Variable Displacement Piston Pumps, Eaton, Attribute and Variable Sampling Plan Design, Variable Volume, Piston Pumps, Variable Volume Piston Pumps, Variable Air Volume (VAV) Controller Technical, Variable Air Volume (VAV) Controller