Overhead Absoption Rates
Rune
Registered Posts: 91 Regular contributor ⭐
Can someone please explain these to me I am really confused. Marginal costing? contributions? Help!!???:huh:
0
Comments
-
Product costs include absorbed overheads in absorption costing.
Under marginal costing all fixed costs are treated as period costs and are not included in the cvost of products
So, do not absorb overheads into product cost when doing marginal costing.Sandy
sandy@sandyhood.com
www.sandyhood.com0 -
Thanks0
-
I've revived this thread following a request from jewelsDo you have an easy way of describing the difference between Marginal and Absorption Costing?
Please feel free to add to the question if my earlier response about product costs is not enough.Sandy
sandy@sandyhood.com
www.sandyhood.com0 -
Thanks for that Sandy. :thumbup1: Did a search before I asked you but didnt find that one.
Julie:001_smile:0
Categories
- All Categories
- 1.2K Books to buy and sell
- 2.3K General discussion
- 12.5K For AAT students
- 318 NEW! Qualifications 2022
- 161 General Qualifications 2022 discussion
- 11 AAT Level 2 Certificate in Accounting
- 56 AAT Level 3 Diploma in Accounting
- 87 AAT Level 4 Diploma in Professional Accounting
- 8.8K For accounting professionals
- 23 coronavirus (Covid-19)
- 272 VAT
- 92 Software
- 273 Tax
- 135 Bookkeeping
- 7.2K General accounting discussion
- 200 AAT member discussion
- 3.8K For everyone
- 38 AAT news and announcements
- 345 Feedback for AAT
- 2.8K Chat and off-topic discussion
- 582 Job postings
- 16 Who can benefit from AAT?
- 36 Where can AAT take me?
- 42 Getting started with AAT
- 26 Finding an AAT training provider
- 48 Distance learning and other ways to study AAT
- 25 Apprenticeships
- 66 AAT membership