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13 February, 11:04

In the manufacture of 8,000 units of a product, direct materials cost incurred was $154,600, direct labor cost incurred was $84,000, and applied factory overhead was $45,500. what is the total conversion cost?

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  1. 13 February, 11:29
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    Conversion costs are the combination of direct labor costs plus factory overhead costs. Hence, conversion costs exclude the cost of direct materials.

    So, here the conversion cost = Direct labor cost + Factory overhead cost

    = $ 84,000 + $ 45,500

    = $ 129,500
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