which of the following best describes costs assigned to the product under the absorption costing…

which of the following best describes costs assigned to the product under the absorption costing method\ndirect labor (dl)\ndirect materials (dm)\nvariable selling and administrative (vsa)\nvariable manufacturing overhead (voh)\nfixed selling and administrative (fsa)\nfixed manufacturing overhead (foh)\nmultiple choice\ndl, dm, vsa, and voh\ndl, dm, and voh\ndl, dm, voh, and foh\ndl and dm\ndl, dm, fsa, and foh

which of the following best describes costs assigned to the product under the absorption costing method\ndirect labor (dl)\ndirect materials (dm)\nvariable selling and administrative (vsa)\nvariable manufacturing overhead (voh)\nfixed selling and administrative (fsa)\nfixed manufacturing overhead (foh)\nmultiple choice\ndl, dm, vsa, and voh\ndl, dm, and voh\ndl, dm, voh, and foh\ndl and dm\ndl, dm, fsa, and foh

Answer

Brief Explanations:

Absorption costing includes all manufacturing costs. Direct labor (DL), direct materials (DM) are direct manufacturing costs. Variable manufacturing overhead (VOH) and fixed manufacturing overhead (FOH) are indirect manufacturing costs. Selling and administrative costs (VSA, FSA) are period costs and not assigned to products in absorption costing.

Answer:

DL, DM, VOH, and FOH