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
Variable manufacturing overhead
Fixed selling and administrative
Fixed manufacturing overhead

a.DL, DM, variable selling and administrative costs, and variable manufacturing overhead.
b.DL, DM, and variable manufacturing overhead.
c.DL, DM, variable manufacturing overhead, and fixed manufacturing overhead.
d.DL and DM.
e.DL, DM, fixed selling and administrative, and fixed manufacturing overhead.

Option D is correct.

Step-by-step explanation:

Liquid here refers to the ability to transfer assets into cash. A company or any individual is said to be liquid, if their assets can be converted to cash easily.

Here we have to rate the following bank accounts from most to least liquid.

Checking account, savings account, money market account, CD

Checking account is a day to day account where one can withdraw money at any time and this is the most liquid.

Savings account is also liquid as a person can withdraw cash from it.

Money market account is also an account that bears interest. Money can be withdrawn from it in a few days.

CD or certificate of deposits also yields interest and are fixed for a certain period of time. This can also be withdrawn when its tenure ends.