standard costingForums › Ask ACCA Tutor Forums › Ask the Tutor ACCA PM Exams › standard costingThis topic has 3 replies, 2 voices, and was last updated 9 years ago by John Moffat.Viewing 4 posts - 1 through 4 (of 4 total)AuthorPosts March 21, 2015 at 7:01 am #233521 alawi sayedParticipantTopics: 239Replies: 288☆☆☆☆HI Mr John,If the question says the company is using standard costing does it mean it uses absorption costing ,Thanks, March 21, 2015 at 9:44 am #233528 John MoffatKeymasterTopics: 56Replies: 53744☆☆☆☆☆No – all it means is that they have budgeted on the unit costs (the standard cost is the budgeted cost). It could be absorption or it could be marginal. March 21, 2015 at 5:13 pm #233581 alawi sayedParticipantTopics: 239Replies: 288☆☆☆☆Thanks a lot Mr John, March 21, 2015 at 9:53 pm #233610 John MoffatKeymasterTopics: 56Replies: 53744☆☆☆☆☆You are welcome 🙂AuthorPostsViewing 4 posts - 1 through 4 (of 4 total)You must be logged in to reply to this topic.Log In Username: Password: Keep me signed in Log In