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:
$58,500 | |
$161,900 | |
$72,600 | |
$64,300 |
Conversion cost = Direct labor + Manufacturing overhead = $33,400 + $25,100 |
Multiple Choice | Learning Objective: 02-01 Identify and give examples of each of the three basic manufacturing cost categories. | |
Difficulty: Medium | Learning Objective: 02-02 Distinguish between product costs and period costs and give examples of each. |
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