Absorption Costing, commonly reffered to as full costing entails a detailed and in-depth process that takes into account business unit manufacturing per product. It accounts for detailed costs based on indirect and direct expenses such as overheads, labour expenses and consumables. Primarily, manufacturing plants that produce components or products in large quantities or batches utilise this cost strategy. (Wiehe,2019) mentions that for instance in the toothpaste industry, the requirement of percentage variances are pivotal as they accomodate for market fluctuations furthermore, the author highlights these serve as "optimised parameters". Through structured analysis, toothpaste manufacturer Colgate evaluated that it became more affordable by 1% to sell toothpastes in multipacks and this previously the price change in product strategy yielded a larger loss (Wiehe,2019). From this example, it can be illustrated that absorption product costing can severely be impacted by several factors such as demand, batch-size, pricing and more importantly, sustainable costing in the long term trajectory of trade between customers and businesses (Wiehe,2019). 

Do you think Absolute costing is achievable? 

How might businesses achieve this method of costing? What strategies are used to implement the process? Can you suggest examples of businesses that use this method?