Course Overview
Absorption Costing Tutorials:
Let’s learn an important costing technique- Absorption costing in accounting and understand its application and difference from costing methods.
The training will include the following;
1. What is Absorption Costing?
2. Absorption Costing vs Marginal Costing
3. Merits and Demerits of Absorption Costing
4. Problems of Absorption Costing
5. Application of Absorption Costing
6. Cost allocation and cost apportionment
7. Types of Absorption Costing systems
8. Overhead Application
9. Profit computation under absorption costing and marginal costing
10. Methods of cost apportionment
Target Customers:
- Accountants
- Cost Accountants
- Tax consultants
- Students
Pre-Requisites:
- Foundation knowledge of Accounting terms
- Passion to learn and apply