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"Sucking up" is an expression often used to describe the influence tactic otherwise known as
Unit Product Cost
The total cost (both fixed and variable) associated with producing a unit of product, including direct materials, direct labor, and manufacturing overhead.
Absorption Costing
A pricing strategy that incorporates all expenses associated with production - including raw materials, workforce wages, and both fluctuating and constant factory overheads - into a product's cost.
Period Cost
Expenses directly tied to time that are not directly tied to the production process, such as administrative expenses.
Variable Costing
A costing method that includes only variable production costs (direct materials, direct labor, and variable manufacturing overhead) in product costs.
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