Meaning and definition of Absorption Costing. Absorption costing, also known as full absorption costing, can be defined as a managerial accounting cost method of expensing all costs related to manufacturing of a specific product.eaning and definition of Absorption Costing. Absorption costing, also known as full absorption costing, can be defined as a managerial accounting cost method of expensing all costs related to manufacturing of a specific product.
Average pay for Elementary School Principals is $79K annually and can range from $51K on the lower end to $113K per year near the higher end. Residence is the biggest factor affecting pay for this group, followed by tenure. The majority of Elementary School Principals (64 percent) who took the survey are women.
The U.S Bureau of the Census has the annual real median personal income at $31,099 in 2016. Inflation-adjusted (real) per-capita disposable personal income rose steadily in the U.S. from 1945 to 2008, but has since remained generally level. Income patterns are evident on the basis of age, sex, ethnicity and educational characteristics.