If the costs of direct materials, direct labor, and factory overhead were $277,300, $52,600, and $61,000, respectively, for 14,000 equivalent units of production, the total conversion cost was $390,900.

Question

Quizplus · Accepted Answer

The total conversion cost would be the sum of direct labor and factory overhead, which is $52,600+$61,000 = $113,600. Therefore, the given total conversion cost of $390,900 is incorrect.

If the Costs of Direct Materials, Direct Labor, and Factory