Question

Compute conversion costs given the following data: direct materials, $347,500; direct labor, $196,300; factory overhead, $187,900; and selling expenses, $45,290.

Answer 1

Based on the costs given including direct materials, direct labor, and factory overhead, the conversion costs would be $384.,200.

What is the conversion cost?

This is the cost incurred by the business to convert raw materials to finished goods.

This can be found by the formula:

= Direct labor + Factory overhead

Solving gives:

= 196,300 + 187,900

= $384,200

Find out more on conversion costs at brainly.com/question/8731360.