All manufacturing costs are assigned to the product under which method of product costing?
A) Direct costing
B) Variable costing
C) Absorption costing
D) Fixed costing

Question

Quizplus · Accepted Answer

Absorption costing assigns all manufacturing costs (both fixed and variable) to the product, unlike variable costing which only assigns variable manufacturing costs. Direct and fixed costing are not methods of product costing.

All Manufacturing Costs Are Assigned to the Product Under Which