What does direct labor costs plus manufacturing overhead equal?

Name: What does direct labor costs plus manufacturing overhead equal?
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Quizplus · Accepted Answer

Direct labor costs plus manufacturing overhead equals Conversion costs. Prime costs refer to the sum of direct materials and direct labor, while operating costs typically refer to all costs associated with running a business. Equivalent costs is not a commonly used term in the context of manufacturing costs.

What Does Direct Labor Costs Plus Manufacturing Overhead Equal