CIMA BA2 And P1 Theory: Absorption Costing

Absorption costing is required by accounting standards in financial reporting and is used to determine the full cost-per-unit. You must know this for your CIMA BA2 and P1 exams. In this video, Astranti tutor Emily Rae introduces absorption costing. Emily can show you: +An example of absorption costing at a realistic fictional business +The cost factors included by absorption costing +How a business can make effective use of absorption costing to improve decision-making === This video is part of Astranti's BA2 tuition video series. The full series covers everything you need to know to pass your CIMA certificate exams, and is completely FREE! For unlimited access to the full series plus a detailed study text, straightforward revision notes, practice questions and mock exams, sign up for a free Astranti account today: https://www.astranti.com/amember/signup === If you've enjoyed this video, make sure to like, subscribe and enable notifications. Astranti's CIMA channel is updated twice a week with brand new content for every level of CIMA study so no matter where you are in your CIMA journey, there'll always be something new to help you pass:    / astranticima