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Which of the following best describes costs assigned to the product under the absorption costing method? Direct labor (DL) Direct materials (DM) Variable selling and

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

Direct labor (DL) Direct materials (DM) Variable selling and administrative (VSA) Variable manufacturing overhead (VOH) Fixed selling and administrative (FSA) Fixed manufacturing overhead (FOH)

Multiple Choice

DL, DM, VSA, and VOH.

DL, DM, and VOH.

DL, DM, VOH, and FOH.

DL and DM.

DL, DM, FSA, and FOH.

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