Inventory balances for Ray, Inc., in March 2011 are as follows: During March, purchases of direct materials were $1,500.Direct labor and factory overhead costs were $2,500 and $3,500, respectively.
Conversion costs for March were
A) $6,000.
B) $7,500.
C) $7,750.
D) $8,200.

Question

Inventory balances for Ray, Inc., in March 2011 are as follows:  During March, purchases of direct materials were $1,500.Direct labor and factory overhead costs were $2,500 and $3,500, respectively.
Conversion costs for March were
A) $6,000. 
B) $7,500. 
C) $7,750. 
D) $8,200.

Quizplus · Accepted Answer

The Answer of Inventory balances for Ray, Inc., in March 2011 are as follows:  During March, purchases of direct materials were $1,500.Direct labor and factory overhead costs were $2,500 and $3,500, respectively.
Conversion costs for March were
A) $6,000. 
B) $7,500. 
C) $7,750. 
D) $8,200.

Inventory Balances for Ray, Inc