[The following information applies to the questions displayed below.]

Dickison Corporation reported the following data for the month of December:

  

 19.

award:
0 out of
10.00 points

 

 

The conversion cost for December was:

→	$107,000
	$142,000
	$111,000
	$178,000

Conversion cost = Direct labor + Manufacturing overhead
= $38,000 + $69,000
= $107,000

Multiple Choice

Difficulty: Easy

Learning Objective: 02-01 Identify and give examples of each of the three basic manufacturing cost categories.

 20.

award:
0 out of
10.00 points

 

 

The prime cost for December was:

→	$109,000
	$111,000
	$107,000
	$66,000

Prime cost = Direct materials + Direct labor
= $71,000 + $38,000
= $109,000