By allocating fixed costs to inventory, absorption costing provides a fuller assessment of profitability. Since more costs are capitalized into inventory under absorption costing, the cost of goods sold recognized on the income statement tends to be lower in periods of rising production or increasing inventory levels. Consequently, net income tends to be higher under ..
Archives : March-2021
The salary ranges for management accountants will vary by factors like job title, industry, location, level of education, certification, and years of experience. According to Glassdoor, the estimated total pay for management accountants in the US is $111,514 per year. This figure includes an average base salary of $90,606 and $20,908 in additional pay. Accounting ..