Ask Question
17 August, 07:03

Which of the following best describes costs assigned to the product under the absorption costing method?

a) Direct labor (DL)

b) Direct materials (DM)

c) Variable selling and administrative (VSA)

d) Variable manufacturing overhead (VOH)

e) Fixed selling and administrative (FSA)

f) Fixed manufacturing overhead (FOH)

+4
Answers (1)
  1. 17 August, 07:05
    0
    a) Direct labor (DL)

    b) Direct materials (DM)

    d) Variable manufacturing overhead (VOH)

    f) Fixed manufacturing overhead (FOH)

    Explanation:

    Absorption costing method allocates to a product the direct costs: direct labor used in the production process, and the direct raw materials that were transformed into the product, and also allocates the two types of manufacturing overhead: variable and fixed.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Which of the following best describes costs assigned to the product under the absorption costing method? a) Direct labor (DL) b) Direct ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers