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motikmotik
3 years ago
11

Compute conversion costs given the following data: direct materials, $347,500; direct labor, $196,300; factory overhead, $187,90

0; and selling expenses, $45,290. a. $543,800b. $187.900 c. $731,700 d. $384.200
Business
1 answer:
Alexxx [7]3 years ago
5 0

Answer:

Conversion costs: d. $384,200

Explanation:

Conversion costs are the costs incurred on activities that convert raw material to finished goods. Conversion costs are calculated by using following formula:

Conversion costs = Direct labor + Factory overhead.

In the case: Direct labor  are $196,300; Factory overhead are $187,900

Therefore:

Conversion costs = $196,300 + $187,900 = $384,200

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Here, the supply of loanable funds remains unchanged as consumers are saving certain funds to act as the lender. If there is a rightward shift in the demand curve for loanable funds which indicates that there is an increase in the demand for loanable funds. We know that interest rate is shown on the y axis and the quantity of loanable funds is shown on the x-axis.

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