Select the appropriate definition for each of the items listed below.
-(direct labour + overhead)/units produced
A)Per-unit prime cost
B)Per-unit conversion cost
C)Per-unit cost of goods manufactured

Question

Quizplus · Accepted Answer

(direct labour + overhead)/units produced is the calculation for the per-unit conversion cost, which includes both direct labour and overhead costs associated with converting raw materials into finished goods.

Select the Appropriate Definition for Each of the Items Listed