Calculate Conversion Costs
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The following costs were incurred in May:
Direct materials...........................................................................
$41,000
Direct labor.................................................................................
$13,000
Manufacturing overhead............................................................
$46,000
Selling expenses..........................................................................
$18,000
Administrative expenses.............................................................
$15,000
What did the conversion costs during the month total?
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Solution Summary
This solution calculates the conversion costs during a specific month.
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Conversion costs: The combination of direct labor and factory ...
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