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What else can I help you with?
Differences between conventional costing methodology and activity costing?
difference between conventional costing methodology ang activity costing
Difference between absorption costing AND target costing?
Target costing is when you have a goal for the project and its costs. Absorption costing is when you need to fix the excess spending.
What are the differences between activity-based absorption costing system and traditional absorption costing system?
An activity-based absorption costing system defines the cost by how many activities a product unit uses. A traditional absorption costing system defines the cost by how much money went into making the product unit.
What is the difference between absorption costing and direct costing?
Under absorption costing overheads are allocated to production based on predetermined overhead rates like machine hours, or direct labor hours etc while in direct costing overheads are allocated based on activity performed and relationship with production units.
Difference between absorption and marginal costing?
marginal costing is recommended by IAS and absorption costing is not recommended by IAS,marginal costing is used for internal purposes and absorption costing is ysed for external purposes,in marginal costing the fixed production overheads are not calculated as a product cost and in absorption costing the fixed prodution overheads are calculated as product cost.
Differences between conventional costing methodology and activity costing?
difference between conventional costing methodology ang activity costing
Difference between absorption costing AND target costing?
Target costing is when you have a goal for the project and its costs. Absorption costing is when you need to fix the excess spending.
What is the difference between absorption costing and active base costing?
there is have some differeance . 1.
What are the differences between activity-based absorption costing system and traditional absorption costing system?
An activity-based absorption costing system defines the cost by how many activities a product unit uses. A traditional absorption costing system defines the cost by how much money went into making the product unit.
What is the difference between absorption costing and direct costing?
Under absorption costing overheads are allocated to production based on predetermined overhead rates like machine hours, or direct labor hours etc while in direct costing overheads are allocated based on activity performed and relationship with production units.
Difference between absorption and marginal costing?
marginal costing is recommended by IAS and absorption costing is not recommended by IAS,marginal costing is used for internal purposes and absorption costing is ysed for external purposes,in marginal costing the fixed production overheads are not calculated as a product cost and in absorption costing the fixed prodution overheads are calculated as product cost.
Company using absorption costing?
It is old costing technique & it is replaced by activity based costing
What is the main difference between activity based costing and attribute based costing?
activity based costing does not promote TQM(total quality management) and continuous improvement but attribute based costing promotes the both.
What difference between cost and costing?
difference between cost and costing
What are the three overhead absorption rates?
As far as I know there is only an overhead absorption rate and a full absorption rate. The alternative being marginal costing. There are 3 methods of absorption costing. These being Activity, Time and Efficiency but I'm not sure what you are asking exactly.
If you were a candy manufacturer which costing system should you use full absorption costing or variable costing?
full absorption costing
Will net income be the same between variable costing and absorption costing?
No, net income will generally differ between variable costing and absorption costing due to how each method treats fixed manufacturing overhead. Under absorption costing, fixed manufacturing overhead is included in the cost of inventory and expensed when the inventory is sold, while variable costing treats it as a period expense, impacting net income based on inventory levels. If inventory increases, absorption costing will typically report a higher net income compared to variable costing, and vice versa if inventory decreases.
