wiz-icon
MyQuestionIcon
MyQuestionIcon
1
You visited us 1 times! Enjoying our articles? Unlock Full Access!
Question

Absorption costing technique is also termed as ___________________.

A
Traditional or full cost method
Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses
B
Contribution in Marginal costing
No worries! We‘ve got your back. Try BYJU‘S free classes today!
C
Direct costing technique
No worries! We‘ve got your back. Try BYJU‘S free classes today!
D
Incremental costing technique
No worries! We‘ve got your back. Try BYJU‘S free classes today!
Open in App
Solution

The correct option is B Traditional or full cost method
Absorption costing, is also termed as Traditional or full costing method , it includes everything that is a direct cost in producing a good in its cost centre.

flag
Suggest Corrections
thumbs-up
0
Join BYJU'S Learning Program
similar_icon
Related Videos
thumbnail
lock
Controlling Process
BUSINESS STUDIES
Watch in App
Join BYJU'S Learning Program
CrossIcon