Under Absorption Costing and Variable Costing, How Are Fixed Manufacturing

Short Answer

Under absorption costing and variable costing, how are fixed manufacturing costs treated? $$\begin{array} { l l l } & \text { Absorption } & \text { Variable } \\\text { a. } & \text { Product Cost } & \text { Product Cost } \\\text { b. } & \text { Product Cost } & \text { Period Cost } \\\text { c. } & \text { Period Cost } & \text { Product Cost } \\\text { d. } & \text { Period Cost } & \text { Period Cost }\end{array}$$