Question: If the conversion costs are $ 7 0 , 0 0 0 , manufacturing overhea costs are $ 2 0 , 0 0 0 ,

If the conversion costs are $70,000, manufacturing overhea costs are $20,000, and direct material costs are $41,000, then the prime costs must be:
Multiple Choice
$50,000.
$91,000.
$29,000.
$9,000.
If the conversion costs are $ 7 0 , 0 0 0 ,

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!