Discuss the advantages and disadvantages of using an absorption costing

Discuss the advantages and disadvantages of using an absorption costing

Discuss the advantages and disadvantages of using an absorption costing
system for calculating the total cost of a product or service. Highlight separately at the
end of your discussion any deficiencies you may feel that this system may have in
terms of application to an organisation that takes this approach to costing of their
products. (maximum 600 words).
(13 marks)