Translation of absorption costing in Spanish:
absorption costing
absorción de costos, n.
noun
1
absorción de costos feminineabsorción de costes feminine Spain- The argument for using absorption costing in external reports seems to be based on the matching principle.
- The ATO opinion was that full absorption costing was necessary for all retail and wholesale businesses.
- This is not to say that there is no role for absorption costing in business.
- It can bee seen that it is clear that the method of absorption costing adopted can have far reaching implications when considering the costing of any job.
- This booklet covers key areas within absorption costing such as product and period cost, advantages of marginal costing and advantages of absorption costing, and when to use these methods.