1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Tom [10]
4 years ago
12

In the manufacture of 8,000 units of a product, direct materials cost incurred was $154,600, direct labor cost incurred was $84,

000, and applied factory overhead was $45,500. What is the total conversion cost?
a. $129,500
b. $154,600
c. $284,100
d. $238,600
Business
2 answers:
zheka24 [161]4 years ago
6 0

Answer:

a. $129,500

Explanation:

Conversion costs includes all those costs which are used to convert the raw material into the finished goods. All the manufacturing costs excluding material costs are included in the conversion cost.

Total Conversion Cost is calculated as follow:

Direct Labor cost                              $84,000

Add: Applied Factory overheads    <u>$45,500</u>

Total Conversion cost                      <u>$129,500</u>

Verdich [7]4 years ago
6 0

Answer:

Total conversion cost is $129,500.

Explanation:

Conversion cost includes all the expenses incurred when turning raw materials into finished goods, excluding the cost of materials.

It is the addition of direct labour cost and applied overhead expenses.

Conversion cost together with Prime cost are used to determine the efficiency of production.  Prime cost is made up of direct materials and direct labour.  Conversion cost is made up of direct labour and overheads.  Conversion cost represents the cost applied on materials in order to produce a finished good.

You might be interested in
Select the correct answer. Which definition refers to visual merchandising? A. the art of presenting merchandise in a creative w
WITCHER [35]

Answer:

A

Explanation:

the art of presenting merchandise in a creative way that helps the store reach out to people

(if its not a, then its d)

6 0
3 years ago
Read 2 more answers
22. Which one of the following is correct regarding the utilization of a good without an alternative use?
photoshop1234 [79]

Answer:

it's 2 opportunity cost will increase

thank uh

8 0
1 year ago
What are Logistics careers?
mixer [17]
Crucial to the supply chain of any business, logistics involves the timely delivery of freight and goods from one place to another, as well as the unloading and unpacking of this cargo. Logistics workers may perform duties including inventory control, pricing and ticketing, and merchandise assembly.
6 0
3 years ago
I wanna see how quick ya'll answer. Tell me if your answer quickly only because of the points if not the points give me another
enyata [817]

Answer:

thanks for this

Explanation:

because the points <3

8 0
3 years ago
Read 2 more answers
When the price of an inferior good​ falls, the substitution effect leads to​ ________ in the quantity purchased and the income e
hammer [34]
When the price of an inferior good falls, the substitution effect leads to an increase in the quantity purchased and the income effect leads to a decrease in the quantity purchased. 

An inferior good is something consumers would purchase only if they had more income so if the price falls, customers are able to afford to use this product as a substitute to an item of lower price that they currently purchase. 
4 0
3 years ago
Other questions:
  • Paul White, the CFO of Crane Automotive, Inc., is putting together this year's financial statements. He has gathered the followi
    7·1 answer
  • Bruce enjoys working one on one with individuals who are struggling to cope with a situation. He has great interpersonal skills
    14·2 answers
  • What is the maximum fine for a willful or repeat OSHA violation?​ a. ​up to $12,600 per day b. ​up to 10% above $126,000 c. ​$70
    8·1 answer
  • Suppose that the five firms in industry A have annual sales of 30, 30, 20, 10, and 10 percent of total industry sales. For the f
    8·1 answer
  • You are hired by the Chair of the Federal Reserve to manage the trading desk at the New York Fed and the Chair tells you that he
    13·1 answer
  • The price of a stock on February 1 is $48. A trader sells 200 put options on the stock with a strike price of $40 when the optio
    11·1 answer
  • Which of the following would help in the creation of a visual workplace?
    6·1 answer
  • Which best describes which careers would work in offices? O Marketing Information Management and Research, Distribution and Logi
    15·2 answers
  • Which document gives Congress the power to lay and collect taxes?
    9·1 answer
  • The clerical and editorial employees in a publishing house need to be at their desks by 8:00 AM and follow a set of precise proc
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!