Conversion costs include ________.
A) direct labor and manufacturing overhead costs
B) direct material and direct labor costs
C) product and period costs
D) direct material, direct labor, and manufacturing overhead costs

Question

Quizplus · Accepted Answer

Conversion costs only include direct labor and manufacturing overhead costs. Direct material costs are considered as prime costs while product and period costs are broader terms that include expenses beyond conversion costs.

Conversion Costs Include ________