Saturday, April 11, 2015

managerial accounting question

The following costs were incurred in September:

  Direct materials$39,200   
  Direct labor$33,400   
  Manufacturing overhead$25,100   
  Selling expenses$23,600   
  Administrative expenses$40,600   

Conversion costs during the month totaled:
correct$58,500
$161,900
$72,600
$64,300
Multiple ChoiceLearning Objective: 02-01 Identify and give examples of each of the three basic manufacturing cost categories. 
Difficulty: MediumLearning Objective: 02-02 Distinguish between product costs and period costs and give examples of each.

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