null
US
Sign In
Sign Up for Free
Sign Up
We have detected that Javascript is not enabled in your browser. The dynamic nature of our site means that Javascript must be enabled to function properly. Please read our
terms and conditions
for more information.
Next up
Copy and Edit
You need to log in to complete this action!
Register for Free
318057
Absorption costing as an alternative to marginal costing
Description
Mind Map on Absorption costing as an alternative to marginal costing, created by jamescambell3 on 31/10/2013.
Mind Map by
jamescambell3
, updated more than 1 year ago
More
Less
Created by
jamescambell3
over 10 years ago
68
1
0
Resource summary
Absorption costing as an alternative to marginal costing
Absorption costing
Allocation and apportionment
absorbing indirect costs into product
direct labour hours
direct production hours/machine hours
units produced
percentage of sales value
Percentage of direct cost
activity consumption
over- and under-absorption of overheads
Marginal costing
Why two contrasting approaches to costing?
Absorption and marginal costing
Under-/over-absorption of indirect costs
Allocation of indirect costs to production and service departments
Reciprocal allocation of indirect costs: service departments
Advantages and disadvantages of different costing approaches
Pricing decisions using absorption and marginal costing approaches
Show full summary
Hide full summary
Want to create your own
Mind Maps
for
free
with GoConqr?
Learn more
.
Similar
A-Level Economics: Supply and Demand
cian.buckley+1
CHEMISTRY C1 3
x_clairey_x
One child policy, China- Population Control Case Study
a a
English Literary Terminology
Fionnghuala Malone
AS Economics Key Terms
Fred Clayton
The Cold War: An Overview_2
Andrea Leyden
GCSE REVISION TIMETABLE
Sonia Christopher
Chemistry GCSE Review - States of Matter, Particles, Atoms, Elements, Compounds and Mixtures
Morgan Overton
Romeo & Juliet Quotes
Lucy Hodgson
7 Elements of Good Design
Micheal Heffernan
MAPA MENTAL DISEÑO GRAFICO
Lizbeth Domínguez
Browse Library