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Meaning of absorption costing | Babel Free

Noun CEFR B2
/æbˈsɔɹp.ʃn̩ ˈkɑs.tɪŋ/

Definitions

An accounting method to calculate the total cost of a product by factoring both direct and indirect costs.

countable, uncountable

CEFR level

B2
Upper Intermediate
This word is part of the CEFR B2 vocabulary — upper intermediate level.

See also

absorption dynamometer absorption edge absorption factor absorption hygrometer absorption line absorption nebula

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