Usually means: Allocating all costs to production.
Definitions Related words Mentions
We found 12 dictionaries that define the word absorption costing:

General (6 matching dictionaries)
  1. absorption costing: Oxford Learner's Dictionaries
  2. absorption costing: Collins English Dictionary
  3. absorption costing: Wiktionary
  4. Absorption costing: Wikipedia, the Free Encyclopedia
  5. absorption costing: TheFreeDictionary.com
  6. absorption costing: Longman Dictionary of Contemporary English

Business (6 matching dictionaries)
  1. ABSORPTION COSTING: Accounting Glossary
  2. Absorption Costing: Management Methods, Models, and Theories
  3. Absorption Costing: Management Dictionary
  4. Absorption Costing: Investopedia
  5. Accounting, Business Studies and Economics Dictionary (No longer online)
  6. BusinessDictionary.com (No longer online)

Definitions from Wiktionary (absorption costing)

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

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