SlideShare a Scribd company logo
1 of 1
Download to read offline
The main difference between Absorption Costing and Marginal Costing is in the way they
classify costs between product costs and period costs.
Required
For the costs given below, Indicate whether the cost would be a product cost or a period cost
under the costing method indicated.
Marginal Costing
Fixed Administrative Expenses Answer 1Choose...Product Costs/Period Costs
Absorption Costing
Fixed Manufacturing Overhead Answer 1Choose...Product Costs/Period Costs

More Related Content

More from vicky309441

TNT International Company Context TNT International is a high-tech c.pdf
TNT International Company Context TNT International is a high-tech c.pdfTNT International Company Context TNT International is a high-tech c.pdf
TNT International Company Context TNT International is a high-tech c.pdfvicky309441
 
Tiene un nuevo trabajo para el Departamento de Defensa y llega 30 mi.pdf
Tiene un nuevo trabajo para el Departamento de Defensa y llega 30 mi.pdfTiene un nuevo trabajo para el Departamento de Defensa y llega 30 mi.pdf
Tiene un nuevo trabajo para el Departamento de Defensa y llega 30 mi.pdfvicky309441
 
Tiffany is a cash basis taxpayer whose records show the following.pdf
Tiffany is a cash basis taxpayer whose records show the following.pdfTiffany is a cash basis taxpayer whose records show the following.pdf
Tiffany is a cash basis taxpayer whose records show the following.pdfvicky309441
 
This is the subject of Business Ethics and Corporate Social Responsi.pdf
This is the subject of Business Ethics and Corporate Social Responsi.pdfThis is the subject of Business Ethics and Corporate Social Responsi.pdf
This is the subject of Business Ethics and Corporate Social Responsi.pdfvicky309441
 
There is considerable evidence that Coronavirus 19 arose in nonhuman.pdf
There is considerable evidence that Coronavirus 19 arose in nonhuman.pdfThere is considerable evidence that Coronavirus 19 arose in nonhuman.pdf
There is considerable evidence that Coronavirus 19 arose in nonhuman.pdfvicky309441
 
There are two fundamental reasons for a manager to obtain and unders.pdf
There are two fundamental reasons for a manager to obtain and unders.pdfThere are two fundamental reasons for a manager to obtain and unders.pdf
There are two fundamental reasons for a manager to obtain and unders.pdfvicky309441
 
These points should be integrated into your Analysis (1) Company�s.pdf
These points should be integrated into your Analysis  (1) Company�s.pdfThese points should be integrated into your Analysis  (1) Company�s.pdf
These points should be integrated into your Analysis (1) Company�s.pdfvicky309441
 
The project idea is about identifying specific a opportunity or prob.pdf
The project idea is about identifying specific a opportunity or prob.pdfThe project idea is about identifying specific a opportunity or prob.pdf
The project idea is about identifying specific a opportunity or prob.pdfvicky309441
 
The systematic risks that are impacted by the firm�s operations an.pdf
The systematic risks that are impacted by the firm�s operations an.pdfThe systematic risks that are impacted by the firm�s operations an.pdf
The systematic risks that are impacted by the firm�s operations an.pdfvicky309441
 
The substances which are recognized by the immune system as being fo.pdf
The substances which are recognized by the immune system as being fo.pdfThe substances which are recognized by the immune system as being fo.pdf
The substances which are recognized by the immune system as being fo.pdfvicky309441
 
The Solar System SP23. Credibility and ReliabilityIn todays inter.pdf
The Solar System SP23. Credibility and ReliabilityIn todays inter.pdfThe Solar System SP23. Credibility and ReliabilityIn todays inter.pdf
The Solar System SP23. Credibility and ReliabilityIn todays inter.pdfvicky309441
 
The SEC amended its NYSE standards so that listed companies must m.pdf
The SEC amended its NYSE standards so that listed companies must m.pdfThe SEC amended its NYSE standards so that listed companies must m.pdf
The SEC amended its NYSE standards so that listed companies must m.pdfvicky309441
 
The Rondo Company (Context Assume that your point of view is that o.pdf
The Rondo Company (Context Assume that your point of view is that o.pdfThe Rondo Company (Context Assume that your point of view is that o.pdf
The Rondo Company (Context Assume that your point of view is that o.pdfvicky309441
 
The outbreak of COVID-19 pandemic has been occurring since January 2.pdf
The outbreak of COVID-19 pandemic has been occurring since January 2.pdfThe outbreak of COVID-19 pandemic has been occurring since January 2.pdf
The outbreak of COVID-19 pandemic has been occurring since January 2.pdfvicky309441
 
The option highlighted in blue is incorrect. Assume we create an emp.pdf
The option highlighted in blue is incorrect. Assume we create an emp.pdfThe option highlighted in blue is incorrect. Assume we create an emp.pdf
The option highlighted in blue is incorrect. Assume we create an emp.pdfvicky309441
 
The pentose phosphate pathway is directly linked to the glycolysis p.pdf
The pentose phosphate pathway is directly linked to the glycolysis p.pdfThe pentose phosphate pathway is directly linked to the glycolysis p.pdf
The pentose phosphate pathway is directly linked to the glycolysis p.pdfvicky309441
 
The Scoop boutique located in Soho, NY, is owned and operated by thr.pdf
The Scoop boutique located in Soho, NY, is owned and operated by thr.pdfThe Scoop boutique located in Soho, NY, is owned and operated by thr.pdf
The Scoop boutique located in Soho, NY, is owned and operated by thr.pdfvicky309441
 
The patient has a cerebral vascular accident.1. What is interp.pdf
The patient has a cerebral vascular accident.1. What is interp.pdfThe patient has a cerebral vascular accident.1. What is interp.pdf
The patient has a cerebral vascular accident.1. What is interp.pdfvicky309441
 
The optimal debt-equity ratio tends toMultiple ChoiceA-remain co.pdf
The optimal debt-equity ratio tends toMultiple ChoiceA-remain co.pdfThe optimal debt-equity ratio tends toMultiple ChoiceA-remain co.pdf
The optimal debt-equity ratio tends toMultiple ChoiceA-remain co.pdfvicky309441
 
The Java RedBlackTree classs insertNode() method performs a normal .pdf
The Java RedBlackTree classs insertNode() method performs a normal .pdfThe Java RedBlackTree classs insertNode() method performs a normal .pdf
The Java RedBlackTree classs insertNode() method performs a normal .pdfvicky309441
 

More from vicky309441 (20)

TNT International Company Context TNT International is a high-tech c.pdf
TNT International Company Context TNT International is a high-tech c.pdfTNT International Company Context TNT International is a high-tech c.pdf
TNT International Company Context TNT International is a high-tech c.pdf
 
Tiene un nuevo trabajo para el Departamento de Defensa y llega 30 mi.pdf
Tiene un nuevo trabajo para el Departamento de Defensa y llega 30 mi.pdfTiene un nuevo trabajo para el Departamento de Defensa y llega 30 mi.pdf
Tiene un nuevo trabajo para el Departamento de Defensa y llega 30 mi.pdf
 
Tiffany is a cash basis taxpayer whose records show the following.pdf
Tiffany is a cash basis taxpayer whose records show the following.pdfTiffany is a cash basis taxpayer whose records show the following.pdf
Tiffany is a cash basis taxpayer whose records show the following.pdf
 
This is the subject of Business Ethics and Corporate Social Responsi.pdf
This is the subject of Business Ethics and Corporate Social Responsi.pdfThis is the subject of Business Ethics and Corporate Social Responsi.pdf
This is the subject of Business Ethics and Corporate Social Responsi.pdf
 
There is considerable evidence that Coronavirus 19 arose in nonhuman.pdf
There is considerable evidence that Coronavirus 19 arose in nonhuman.pdfThere is considerable evidence that Coronavirus 19 arose in nonhuman.pdf
There is considerable evidence that Coronavirus 19 arose in nonhuman.pdf
 
There are two fundamental reasons for a manager to obtain and unders.pdf
There are two fundamental reasons for a manager to obtain and unders.pdfThere are two fundamental reasons for a manager to obtain and unders.pdf
There are two fundamental reasons for a manager to obtain and unders.pdf
 
These points should be integrated into your Analysis (1) Company�s.pdf
These points should be integrated into your Analysis  (1) Company�s.pdfThese points should be integrated into your Analysis  (1) Company�s.pdf
These points should be integrated into your Analysis (1) Company�s.pdf
 
The project idea is about identifying specific a opportunity or prob.pdf
The project idea is about identifying specific a opportunity or prob.pdfThe project idea is about identifying specific a opportunity or prob.pdf
The project idea is about identifying specific a opportunity or prob.pdf
 
The systematic risks that are impacted by the firm�s operations an.pdf
The systematic risks that are impacted by the firm�s operations an.pdfThe systematic risks that are impacted by the firm�s operations an.pdf
The systematic risks that are impacted by the firm�s operations an.pdf
 
The substances which are recognized by the immune system as being fo.pdf
The substances which are recognized by the immune system as being fo.pdfThe substances which are recognized by the immune system as being fo.pdf
The substances which are recognized by the immune system as being fo.pdf
 
The Solar System SP23. Credibility and ReliabilityIn todays inter.pdf
The Solar System SP23. Credibility and ReliabilityIn todays inter.pdfThe Solar System SP23. Credibility and ReliabilityIn todays inter.pdf
The Solar System SP23. Credibility and ReliabilityIn todays inter.pdf
 
The SEC amended its NYSE standards so that listed companies must m.pdf
The SEC amended its NYSE standards so that listed companies must m.pdfThe SEC amended its NYSE standards so that listed companies must m.pdf
The SEC amended its NYSE standards so that listed companies must m.pdf
 
The Rondo Company (Context Assume that your point of view is that o.pdf
The Rondo Company (Context Assume that your point of view is that o.pdfThe Rondo Company (Context Assume that your point of view is that o.pdf
The Rondo Company (Context Assume that your point of view is that o.pdf
 
The outbreak of COVID-19 pandemic has been occurring since January 2.pdf
The outbreak of COVID-19 pandemic has been occurring since January 2.pdfThe outbreak of COVID-19 pandemic has been occurring since January 2.pdf
The outbreak of COVID-19 pandemic has been occurring since January 2.pdf
 
The option highlighted in blue is incorrect. Assume we create an emp.pdf
The option highlighted in blue is incorrect. Assume we create an emp.pdfThe option highlighted in blue is incorrect. Assume we create an emp.pdf
The option highlighted in blue is incorrect. Assume we create an emp.pdf
 
The pentose phosphate pathway is directly linked to the glycolysis p.pdf
The pentose phosphate pathway is directly linked to the glycolysis p.pdfThe pentose phosphate pathway is directly linked to the glycolysis p.pdf
The pentose phosphate pathway is directly linked to the glycolysis p.pdf
 
The Scoop boutique located in Soho, NY, is owned and operated by thr.pdf
The Scoop boutique located in Soho, NY, is owned and operated by thr.pdfThe Scoop boutique located in Soho, NY, is owned and operated by thr.pdf
The Scoop boutique located in Soho, NY, is owned and operated by thr.pdf
 
The patient has a cerebral vascular accident.1. What is interp.pdf
The patient has a cerebral vascular accident.1. What is interp.pdfThe patient has a cerebral vascular accident.1. What is interp.pdf
The patient has a cerebral vascular accident.1. What is interp.pdf
 
The optimal debt-equity ratio tends toMultiple ChoiceA-remain co.pdf
The optimal debt-equity ratio tends toMultiple ChoiceA-remain co.pdfThe optimal debt-equity ratio tends toMultiple ChoiceA-remain co.pdf
The optimal debt-equity ratio tends toMultiple ChoiceA-remain co.pdf
 
The Java RedBlackTree classs insertNode() method performs a normal .pdf
The Java RedBlackTree classs insertNode() method performs a normal .pdfThe Java RedBlackTree classs insertNode() method performs a normal .pdf
The Java RedBlackTree classs insertNode() method performs a normal .pdf
 

Recently uploaded

“Oh GOSH! Reflecting on Hackteria's Collaborative Practices in a Global Do-It...
“Oh GOSH! Reflecting on Hackteria's Collaborative Practices in a Global Do-It...“Oh GOSH! Reflecting on Hackteria's Collaborative Practices in a Global Do-It...
“Oh GOSH! Reflecting on Hackteria's Collaborative Practices in a Global Do-It...Marc Dusseiller Dusjagr
 
Call Girls in Dwarka Mor Delhi Contact Us 9654467111
Call Girls in Dwarka Mor Delhi Contact Us 9654467111Call Girls in Dwarka Mor Delhi Contact Us 9654467111
Call Girls in Dwarka Mor Delhi Contact Us 9654467111Sapana Sha
 
Science 7 - LAND and SEA BREEZE and its Characteristics
Science 7 - LAND and SEA BREEZE and its CharacteristicsScience 7 - LAND and SEA BREEZE and its Characteristics
Science 7 - LAND and SEA BREEZE and its CharacteristicsKarinaGenton
 
URLs and Routing in the Odoo 17 Website App
URLs and Routing in the Odoo 17 Website AppURLs and Routing in the Odoo 17 Website App
URLs and Routing in the Odoo 17 Website AppCeline George
 
Mastering the Unannounced Regulatory Inspection
Mastering the Unannounced Regulatory InspectionMastering the Unannounced Regulatory Inspection
Mastering the Unannounced Regulatory InspectionSafetyChain Software
 
POINT- BIOCHEMISTRY SEM 2 ENZYMES UNIT 5.pptx
POINT- BIOCHEMISTRY SEM 2 ENZYMES UNIT 5.pptxPOINT- BIOCHEMISTRY SEM 2 ENZYMES UNIT 5.pptx
POINT- BIOCHEMISTRY SEM 2 ENZYMES UNIT 5.pptxSayali Powar
 
PSYCHIATRIC History collection FORMAT.pptx
PSYCHIATRIC   History collection FORMAT.pptxPSYCHIATRIC   History collection FORMAT.pptx
PSYCHIATRIC History collection FORMAT.pptxPoojaSen20
 
Micromeritics - Fundamental and Derived Properties of Powders
Micromeritics - Fundamental and Derived Properties of PowdersMicromeritics - Fundamental and Derived Properties of Powders
Micromeritics - Fundamental and Derived Properties of PowdersChitralekhaTherkar
 
MENTAL STATUS EXAMINATION format.docx
MENTAL     STATUS EXAMINATION format.docxMENTAL     STATUS EXAMINATION format.docx
MENTAL STATUS EXAMINATION format.docxPoojaSen20
 
_Math 4-Q4 Week 5.pptx Steps in Collecting Data
_Math 4-Q4 Week 5.pptx Steps in Collecting Data_Math 4-Q4 Week 5.pptx Steps in Collecting Data
_Math 4-Q4 Week 5.pptx Steps in Collecting DataJhengPantaleon
 
CARE OF CHILD IN INCUBATOR..........pptx
CARE OF CHILD IN INCUBATOR..........pptxCARE OF CHILD IN INCUBATOR..........pptx
CARE OF CHILD IN INCUBATOR..........pptxGaneshChakor2
 
Arihant handbook biology for class 11 .pdf
Arihant handbook biology for class 11 .pdfArihant handbook biology for class 11 .pdf
Arihant handbook biology for class 11 .pdfchloefrazer622
 
Introduction to ArtificiaI Intelligence in Higher Education
Introduction to ArtificiaI Intelligence in Higher EducationIntroduction to ArtificiaI Intelligence in Higher Education
Introduction to ArtificiaI Intelligence in Higher Educationpboyjonauth
 
Separation of Lanthanides/ Lanthanides and Actinides
Separation of Lanthanides/ Lanthanides and ActinidesSeparation of Lanthanides/ Lanthanides and Actinides
Separation of Lanthanides/ Lanthanides and ActinidesFatimaKhan178732
 
Paris 2024 Olympic Geographies - an activity
Paris 2024 Olympic Geographies - an activityParis 2024 Olympic Geographies - an activity
Paris 2024 Olympic Geographies - an activityGeoBlogs
 
Crayon Activity Handout For the Crayon A
Crayon Activity Handout For the Crayon ACrayon Activity Handout For the Crayon A
Crayon Activity Handout For the Crayon AUnboundStockton
 
Solving Puzzles Benefits Everyone (English).pptx
Solving Puzzles Benefits Everyone (English).pptxSolving Puzzles Benefits Everyone (English).pptx
Solving Puzzles Benefits Everyone (English).pptxOH TEIK BIN
 
Employee wellbeing at the workplace.pptx
Employee wellbeing at the workplace.pptxEmployee wellbeing at the workplace.pptx
Employee wellbeing at the workplace.pptxNirmalaLoungPoorunde1
 

Recently uploaded (20)

“Oh GOSH! Reflecting on Hackteria's Collaborative Practices in a Global Do-It...
“Oh GOSH! Reflecting on Hackteria's Collaborative Practices in a Global Do-It...“Oh GOSH! Reflecting on Hackteria's Collaborative Practices in a Global Do-It...
“Oh GOSH! Reflecting on Hackteria's Collaborative Practices in a Global Do-It...
 
Call Girls in Dwarka Mor Delhi Contact Us 9654467111
Call Girls in Dwarka Mor Delhi Contact Us 9654467111Call Girls in Dwarka Mor Delhi Contact Us 9654467111
Call Girls in Dwarka Mor Delhi Contact Us 9654467111
 
Science 7 - LAND and SEA BREEZE and its Characteristics
Science 7 - LAND and SEA BREEZE and its CharacteristicsScience 7 - LAND and SEA BREEZE and its Characteristics
Science 7 - LAND and SEA BREEZE and its Characteristics
 
URLs and Routing in the Odoo 17 Website App
URLs and Routing in the Odoo 17 Website AppURLs and Routing in the Odoo 17 Website App
URLs and Routing in the Odoo 17 Website App
 
Staff of Color (SOC) Retention Efforts DDSD
Staff of Color (SOC) Retention Efforts DDSDStaff of Color (SOC) Retention Efforts DDSD
Staff of Color (SOC) Retention Efforts DDSD
 
Mastering the Unannounced Regulatory Inspection
Mastering the Unannounced Regulatory InspectionMastering the Unannounced Regulatory Inspection
Mastering the Unannounced Regulatory Inspection
 
Model Call Girl in Tilak Nagar Delhi reach out to us at 🔝9953056974🔝
Model Call Girl in Tilak Nagar Delhi reach out to us at 🔝9953056974🔝Model Call Girl in Tilak Nagar Delhi reach out to us at 🔝9953056974🔝
Model Call Girl in Tilak Nagar Delhi reach out to us at 🔝9953056974🔝
 
POINT- BIOCHEMISTRY SEM 2 ENZYMES UNIT 5.pptx
POINT- BIOCHEMISTRY SEM 2 ENZYMES UNIT 5.pptxPOINT- BIOCHEMISTRY SEM 2 ENZYMES UNIT 5.pptx
POINT- BIOCHEMISTRY SEM 2 ENZYMES UNIT 5.pptx
 
PSYCHIATRIC History collection FORMAT.pptx
PSYCHIATRIC   History collection FORMAT.pptxPSYCHIATRIC   History collection FORMAT.pptx
PSYCHIATRIC History collection FORMAT.pptx
 
Micromeritics - Fundamental and Derived Properties of Powders
Micromeritics - Fundamental and Derived Properties of PowdersMicromeritics - Fundamental and Derived Properties of Powders
Micromeritics - Fundamental and Derived Properties of Powders
 
MENTAL STATUS EXAMINATION format.docx
MENTAL     STATUS EXAMINATION format.docxMENTAL     STATUS EXAMINATION format.docx
MENTAL STATUS EXAMINATION format.docx
 
_Math 4-Q4 Week 5.pptx Steps in Collecting Data
_Math 4-Q4 Week 5.pptx Steps in Collecting Data_Math 4-Q4 Week 5.pptx Steps in Collecting Data
_Math 4-Q4 Week 5.pptx Steps in Collecting Data
 
CARE OF CHILD IN INCUBATOR..........pptx
CARE OF CHILD IN INCUBATOR..........pptxCARE OF CHILD IN INCUBATOR..........pptx
CARE OF CHILD IN INCUBATOR..........pptx
 
Arihant handbook biology for class 11 .pdf
Arihant handbook biology for class 11 .pdfArihant handbook biology for class 11 .pdf
Arihant handbook biology for class 11 .pdf
 
Introduction to ArtificiaI Intelligence in Higher Education
Introduction to ArtificiaI Intelligence in Higher EducationIntroduction to ArtificiaI Intelligence in Higher Education
Introduction to ArtificiaI Intelligence in Higher Education
 
Separation of Lanthanides/ Lanthanides and Actinides
Separation of Lanthanides/ Lanthanides and ActinidesSeparation of Lanthanides/ Lanthanides and Actinides
Separation of Lanthanides/ Lanthanides and Actinides
 
Paris 2024 Olympic Geographies - an activity
Paris 2024 Olympic Geographies - an activityParis 2024 Olympic Geographies - an activity
Paris 2024 Olympic Geographies - an activity
 
Crayon Activity Handout For the Crayon A
Crayon Activity Handout For the Crayon ACrayon Activity Handout For the Crayon A
Crayon Activity Handout For the Crayon A
 
Solving Puzzles Benefits Everyone (English).pptx
Solving Puzzles Benefits Everyone (English).pptxSolving Puzzles Benefits Everyone (English).pptx
Solving Puzzles Benefits Everyone (English).pptx
 
Employee wellbeing at the workplace.pptx
Employee wellbeing at the workplace.pptxEmployee wellbeing at the workplace.pptx
Employee wellbeing at the workplace.pptx
 

The main difference between Absorption Costing and Marginal Costing .pdf

  • 1. The main difference between Absorption Costing and Marginal Costing is in the way they classify costs between product costs and period costs. Required For the costs given below, Indicate whether the cost would be a product cost or a period cost under the costing method indicated. Marginal Costing Fixed Administrative Expenses Answer 1Choose...Product Costs/Period Costs Absorption Costing Fixed Manufacturing Overhead Answer 1Choose...Product Costs/Period Costs