ABSORPTION COSTING is the method under which all manufacturing costs, both variable and fixed, are treated as product costs with non-manufacturing costs, e. G. Selling and administrative expenses, being treated as period costs.
Barry Goldsmith
| APA | Barry Goldsmith. (2010). ABSORPTION COSTING. Retrieved September 20, 2026, from http://smartdefine.org/absorption_costing/definitions/1146934 |
| Chicago | Barry Goldsmith. 2010. "ABSORPTION COSTING" http://smartdefine.org/absorption_costing/definitions/1146934 (accessed September 20, 2026). |
| Harvard | Barry Goldsmith 2010, ABSORPTION COSTING, Smart Define, viewed 20 September, 2026, <http://smartdefine.org/absorption_costing/definitions/1146934>. |
| MLA | Barry Goldsmith. "ABSORPTION COSTING" 21 October 2010. Web. 20 September 2026. <http://smartdefine.org/absorption_costing/definitions/1146934> |