Business Studies, asked by Ravindar6084, 1 year ago

Difference between absorption costing and traditional costing

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Answered by choudhary21
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╚» In absorption costing, the cost of an individual unit produced will include direct materials, labor, and both fixed and variable manufacturing overhead costs.

Absorption costing is the traditional costaccounting method that focuses on the product or service when fixingcosts. 

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