Direct labor costs plus manufacturing overhead costs equal:
A)prime costs.
B)operating costs.
C)equivalent costs.
D)conversion costs.

Name: Direct labor costs plus manufacturing overhead costs equal: A)prime costs. B)operating costs. C)equivalent costs. D)conversion costs.
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Question

Quizplus · Accepted Answer

Direct labor costs and manufacturing overhead costs are the costs required to convert raw materials into finished goods, and are therefore known as conversion costs.

Direct Labor Costs Plus Manufacturing Overhead Costs Equal