Monthly Archives: April 2013

Article Reviewed: Absorption costing for decision-making by Mike Lucas.

Summary The article asserts that incorporating some fixed overhead costs within the production costs of individual products would bolster organizational decision making and planning, adding weight to the ABC approach Kaplan and Cooper propositioned. The author notes that conventionally, it does not make sense to include some fixed costs into the unit costs per product. This would result in varying… (more…)