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slavikrds [6]
3 years ago
10

Compute conversion costs given the following data: direct materials, $350,300; direct labor, $205,100; factory overhead, $177,00

0 and selling expenses, $45,700.
a. $543,800.
b. $384,200.
c. $187,900.
d. $731,700.
Business
1 answer:
IRINA_888 [86]3 years ago
3 0

Answer:

$382,100

Explanation:

The computation of the conversion cost is shown below;

Conversion cost is

= direct labor cost + factory overhead cost

where,

Direct labor cost is $205,100

And, the factory overhead cost is $177,000

Now place these values to the above formula

So, the conversion cost is

= $205,100 + $177,000

= $382,100

This is the answer but the same is not provided in the given options

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Answer: $31,625

Explanation:

To find out the adjusted cash balance per the bank records we will do the following,

First we'll add the deposits in transfer as the bank account already has those,

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Then finally we subtract the outstanding checks.

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The adjusted cash balance per the bank records should be $31,625.

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Assuming a current ratio of 1.00 and an acid test ratio of .75 how will the purcahse inventory with cash affect each ratio
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The current ratio will remain the same as 1 only

The acid-test ratio will decrease.

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Answer:

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