Direct Costing Definition
Direct Costing Definition:
A costing method that includes only variable manufacturing costs–direct materials, direct labor, and variable manufacturing overhead–in unit product cost. Direct costing is also called marginal costing and variable costing.
Other Related Accounting Articles:
- Marginal Costing Definition
- Variable Costing Definition
- Full Costing Definition
- Manufacturing Overhead Budget Definition
- Manufacturing Overhead Definition
- High-Low Method
- Direct Labor Definition
- Direct Labor Definition
- Cost of Goods Manufactured COGM and Sold Statement Formulas
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