absorption pricing |
Definition
Method of pricing in which all costs are recovered. The price of the product includes the variable cost of each item plus a proportionate amount of the fixed costs.
email to a friend
print this definition
cite this definition
link to this page
absorption pricing is in the Accounting & Auditing, Decision Making, Problem Solving, & Strategy, Entrepreneurship, Management, & Leadership and Industries, Manufacturing, & Technology subjects.
This content can be found on the following page:
http://www.businessdictionary.com/definition/absorption-pricing.html