Economy, asked by gurmeet5, 1 year ago

what is the mean of absorption of overhead in cost accounting

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Answered by Anonystalker
2
Overhead absorption is the amount of indirect costs assigned to cost objects. Indirect costs are costs that are not directly traceable to an activity or product. Cost objects are items for which costs are compiled, such as products, product lines, customers, retail stores, and distribution channels.
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