Meanings
nounabsorption costing (countable and uncountable, plural absorption costings)
plural absorption costings
- countableuncountablebusinessAn accounting method to calculate the total cost of a product by factoring both direct and indirect costs.
Cite this entry
APA
absorption costing. (n.d.). In WatkinsX Dictionary. Retrieved November 4, 2026, from https://dictionary.watkinsx.com/word/absorption%20costing
MLA
“absorption costing.” WatkinsX Dictionary, https://dictionary.watkinsx.com/word/absorption%20costing. Accessed November 4, 2026.
Chicago
WatkinsX Dictionary, s.v. “absorption costing,” accessed November 4, 2026, https://dictionary.watkinsx.com/word/absorption%20costing.
Source: absorption costing on Wiktionary, CC BY-SA 4.0.