Wages paid to a supervisor in a factory are a part of:
Prime cost
Conversion cost
A) Yes
No
B) Yes
Yes
C) No
No
D) No
Yes

Name: Wages paid to a supervisor in a factory are a part of: Prime cost Conversion cost A) Yes No B) Yes Yes C) No No D) No Yes
Brand: Quizplus
Rating: 4.8 (38 reviews)

Question

Quizplus · Accepted Answer

Wages paid to a supervisor in a factory are considered part of conversion costs, which include all costs necessary to convert raw materials into finished goods, but not part of prime costs, which include direct materials and direct labor only.

Wages Paid to a Supervisor in a Factory Are a Part