________ costs are all manufacturing costs other than direct material costs,including manufacturing labor,energy,and plant depreciation.
A)Joint
B)Hybrid
C)Equivalent
D)Conversion
E)Weighted average

Question

Quizplus · Accepted Answer

Conversion costs are all manufacturing costs other than direct material costs, which include manufacturing labor, energy, and plant depreciation. Joint costs are the costs incurred in the process of producing two or more products at the same time. Hybrid and equivalent costs are not relevant terms in this context. Weighted average costs refer to the average cost that considers the quantities and costs of all goods produced during the period.

________ Costs Are All Manufacturing Costs Other Than Direct Material