Match the following characteristics with the appropriate costing method: (an option may be used more than one time): the options are absorption, cost object, variable, differential cost, manufacturing cost.

Prompt 1 Fixed manufacturing is treated as a period cost

Prompt 2 Easier to predict profit since it is a function of sales

Prompt 3 Also known as the full costing method

Prompt 4 Required by GAAP

Prompt 5 Also know as the direct costing method