Compute conversion costs given the following data: direct materials, $347,500; direct labor, $196,300; factory overhead, $187,900; and selling expenses, $45,290.
A) $543,800
B) $187,900
C) $731,700
D) $384,200

Question

Quizplus · Accepted Answer

Conversion costs are the sum of direct labor and factory overhead. Therefore, $196,300 (direct labor) + $187,900 (factory overhead) = $384,200.

Compute Conversion Costs Given the Following Data: Direct Materials, $347,500;