Feeling Normal Yet? ๐ข
Ever tried to divide pizza at a kid’s party? That’s child’s play compared to calculating overhead absorption rates in accounting. Enter our heroโNormal Volume. It’s the budgeted volume of activity that’s cooler than your average volume.
Whatโs All the Fuss?
In a system of absorption costing, overheads are the stray balloons you try to round up at the end of the party. The Normal Volume is the โfairโ or