Homework SourseCompute conversion cost given the following data direct mate
Compute conversion cost given the following data: direct materials, $347,500; direct labor, $196,300; factory overhead, $197,900 and selling expenses, $45,290.
Compute conversion cost given the following data: direct materials, $347,500; direct labor, $196,300; factory overhead, $197,900 and selling expenses, $45,290.
Solution
Answer:
Conversion Cost = Direct Labor + Manufacturing Overhead
Conversion Cost = $196,300 + $197,900
Conversion Cost = $394,200
