The difference between absorption and variable costing is the timing difference in the expensing of variable overhead costs.

Name: The difference between absorption and variable costing is the timing difference in the expensing of variable overhead costs.
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Quizplus · Accepted Answer

Absorption costing includes both fixed and variable manufacturing overhead in product costs, while variable costing includes only variable manufacturing overhead, affecting the timing of fixed overhead costs, not variable ones.

The Difference Between Absorption and Variable Costing Is the Timing