Inventory balances for Marshall, Inc., in June 2014 are as follows: During June, purchases of direct materials were $1,500. Direct labor and factory overhead costs were $2,500 and $3,500, respectively.
Conversion costs for June were
A) $8,200.
B) $7,750.
C) $7,500.
D) $6,000.

Question

Inventory balances for Marshall, Inc., in June 2014 are as follows:  During June, purchases of direct materials were $1,500. Direct labor and factory overhead costs were $2,500 and $3,500, respectively.
Conversion costs for June were
A) $8,200. 
B) $7,750. 
C) $7,500. 
D) $6,000.

Quizplus · Accepted Answer

The Answer of Inventory balances for Marshall, Inc., in June 2014 are as follows:  During June, purchases of direct materials were $1,500. Direct labor and factory overhead costs were $2,500 and $3,500, respectively.
Conversion costs for June were
A) $8,200. 
B) $7,750. 
C) $7,500. 
D) $6,000.

Inventory Balances for Marshall, Inc