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Total absorption costing (TAC) is a method of Accounting cost which entails the full cost of manufacturing or providing a service. TAC includes not just the costs of materials and labour, but also of all manufacturing overheads (whether ‘fixed’ or ‘variable’).
reference: http://en.wikipedia.org/wiki/Total_absorption_costing
visit: www.b2bwhiteboard.com
reference: http://en.wikipedia.org/wiki/Total_absorption_costing
visit: www.b2bwhiteboard.com
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