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What does FAC stand for?

FAC stands for Full Absorption Costing (accounting)

This definition appears rarely and is found in the following Acronym Finder categories:

  • Business, finance, etc.

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Other Resources:
We have 398 other meanings of FAC in our Acronym Attic

Samples in periodicals archive:

Because each production man-hour rate will be unique, full absorption costing breaks up all plant expenses and allocates them to the various production departments so they will be included in the departmental man-hour rates.