Absorption costing is a technique where the goods are valued considering full production cost of the product of the product. When pricing or valuing the stocks goods are values considering only the production cost of the product (I.e. goods are valued considering variable production costs and the fixed production costs. In other words goods are valued based on the full cost of the production.) Absorption cost of a product can be calculated as follows:

Marginal costing is a technique where the goods are valued considering only the variable cost component of the product. When pricing or valuing the stocks goods are values considering only the marginal costs (I.e. goods are valued considering cost that varies in relation to the level of the activity. In other words goods are valued based on the variable cost of the production.) Marginal cost of a product can be calculated as follows:

What is Unemployment? Unemployment refers to those individuals who are not in employment and who are either in the process of moving to a new job or who are unable to find work. There can be voluntary unemployment as well as involuntary unemployment. The voluntary unemployment occurs when there are jobs available for the stated person but s/he is not willing to get employed at the prevailing wage rate. This is more common among fresh graduates and undergraduate who postpone their employments for studying purposes. [...]

People, I know you do not want yet another tutorial explaining the theoretical aspects of C++. So let us get to work. Let’s write the first C++ program

Yeah It is possible… I stared this game in November and I was someone like you.. was on the boards… was experimenting on many things.. and finally here I am with you! The only secret behind is learn to save…

The United Arab Emirates (UAE) is a federation of seven emirates situated in the southeast of the Arabian Peninsula in Southwest Asia on the Arabian Gulf, bordering Oman and Saudi Arabia. The UAE consists of seven states, termed emirates, which are Abu Dhabi, Dubai, Sharjah, Ajman, Umm al-Quwain, Ras al-Khaimah and Fujairah. The capital and second largest city of the United Arab Emirates is Abu Dhabi. It is also the country”s center of political, industrial, [...]