A costing method that includes all manufacturing costs--direct materials, direct labor, and both variable and fixed manufacturing overhead--in unit production costs.
Fixed manufacturing overhead costs deferred in inventory
The portion of the fixed manufacturing overhead cost of a period that goes into ending inventory under the absorption costing method.
Fixed manufacturing overhead xost released from inventory
The fixed manufacturing overhead cost of a prior period that becomes an expense of the xurrent period under the absorption costing method.
A costing method that includes only variable manufactuing costs--direct materials, direct labor, and variable manufacturing overhead--in unit product costs.
Please allow access to your computer’s microphone to use Voice Recording.
We can’t access your microphone!
Click the icon above to update your browser permissions and try again
Reload the page to try again!
Press Cmd-0 to reset your zoom
Press Ctrl-0 to reset your zoom
It looks like your browser might be zoomed in or out. Your browser needs to be zoomed to a normal size to record audio.
Your microphone is muted
For help fixing this issue, see this FAQ.