Question

The following costs were incurred in September: Direct materials $42,900 Direct labor $29,500 Manufacturing overhead $30,500 Selling expenses $21,700 Administrative expenses $35,800
Question: What are conversion costs for September?

Answer 1

Answer:

$60,000

Explanation:

Given that,

Direct materials = $42,900

Direct labor = $29,500

Manufacturing overhead = $30,500

Selling expenses = $21,700

Administrative expenses = $35,800

Conversion costs:

= Direct labor + Manufacturing overhead

= $29,500 + $30,500

= $60,000

Therefore, the conversion costs for September is $60,000.