The following are some of the costs incurred by Cupcake Company. Identify them as either: 

a. Prime Costs 

b. Conversion Costs 

c. Both prime and conversion costs 

d. Neither prime or conversion costs  

a. Salesman commissions 

b. Factory Rent 

c. Depreciation expense- Factory 

d. Frosting 

e. Baker's wages 

f. Depreciation expense- office 

g. Cupcake mix 

h. Sprinkles for decoration (indirect material)

Answer rating: 100% (QA)

SOLUTION 1 FACTORY RENT CONVERSION COSTS 2 SALES MAN COMMISSIONS NEITHER ... View the full answer