Homework SourseCompute conversion cost given the following data Direct Mate
Compute conversion cost given the following data: Direct Materials, $365,900; Direct Labor, $201,200; Factory Overhead, $183,90 and Selling Expenses, $47,700
$549,800
$751,000
$136,200
$385,100
Compute conversion cost given the following data: Direct Materials, $365,900; Direct Labor, $201,200; Factory Overhead, $183,90 and Selling Expenses, $47,700
$549,800
$751,000
$136,200
$385,100
$549,800
$751,000
$136,200
$385,100
Solution
Solution - (d) - $385100
Calculation of Conversion costs
Conversion costs consis of Direct Labour and Manufacturing Overhead.
Conversion cost is that cost which is necessary to convert the Raw material into the products. Hence it transform the material into the completed products.
| Particulars | Amount |
| Direct Labour | $201200 |
| Factory Overhead | $183900 |
| Conversion cost | $385100 |
