What is NOT typically included in full costing?

The concept of full costing, also known as absorption costing, includes all costs associated with producing a product or providing a service. This encompasses direct costs, such as raw materials and labor, indirect costs, which can be necessary expenses not directly tied to a specific product or service, and overhead allocations that encompass fixed and variable costs associated with the manufacturing environment.

Incremental revenue assessments, on the other hand, focus on the additional revenue generated by specific actions or changes rather than the costs associated with production. Full costing primarily deals with expense estimation and allocation, and does not consider revenue projections or assessments in its costing methodology. Therefore, incremental revenue assessments are outside the scope of what constitutes full costing.