a method of cost accounting in which overheads are apportioned to cost centres, where they are absorbed using predetermined rates
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Examples of 'absorption costing' in a sentence
absorption costing
The method used was the absorption costing, identifying all costs per vehicle.
Cleverson Faber de Assis, Tatiane Chiles Toledo, Robson Elias Bueno, Samuel dos SantosSabino 2018, 'ANALYSIS OF PROCESS OF PROCUREMENT OF TRANSPORTATION EQUIPMENT OF A SMALL COMPANY',South American Development Society Journalhttp://www.sadsj.org/index.php/revista/article/view/102. Retrieved from DOAJ CC BY 4.0 (https://creativecommons.org/licenses/by-sa/4.0/legalcode)
Variable and absorption costing were used to calculate direct costs and investments, respectively.
Marli de Carvalho Jericó, Valéria Castilho, Márcia Galan Perroca 2006, 'Training program on microbiological test collection material methods at a teachinghospital: investment and result assessment Programa de capacitación sobre el métodode colecta de material para análisis microbiológico en un hospital-escuela: inversióny evaluación de los resultados Programa de treinamento sobre método de coleta de materialpara exame microbiológico em um hospital de ensino: investimento e avaliação dos resultados',Revista Latino-Americana de Enfermagemhttp://www.scielo.br/scielo.php?script=sci_arttext&pid=S0104-11692006000500017. Retrieved from DOAJ CC BY 4.0 (https://creativecommons.org/licenses/by-sa/4.0/legalcode)