Variable costing
id:
variable-costing-255-7676298
title:
Variable costing
text:
Variable costing is a managerial accounting cost concept. Under this method, manufacturing overhead is incurred in the period that a product is produced. This addresses the issue of absorption costing that allows income to rise as production rises. Under an absorption cost method, management can push forward costs to the next period when products are sold. This artificially inflates profits in the period of production by incurring less cost than would be incurred under a variable costing system.
brand slug:
wiki
category slug:
encyclopedia
description:
original url:
https://en.wikipedia.org/wiki/Variable_costing
date created:
date modified:
2022-10-02T18:19:49Z
main entity:
{"identifier":"Q8351361","url":"https://www.wikidata.org/entity/Q8351361"}
image:
{"content_url":"https://upload.wikimedia.org/wikipedia/commons/6/69/VariableCostExample.jpg","width":589,"height":461}
fields total:
13
integrity:
14