The following costs were incurred in August:Direct Labor$14,000Direct Materials$37,000Manufacturing Overhead$38,000Selling Expenses$10,000Administrative Expenses$28,000What were conversion costs for the month?

Conversion cost=$52,000

Explanation:

Conversion cost is the sum of direct labour cost and the manufacturing overheads incurred to transform direct material into finished goods.

Direct labour cost is the amount paid to workers directly engaged for  production purpose.

Manufacturing overhead is the sum of indirect material, indirect labour and indirect expenses incurred for production purpose

Conversion cost = Direct labour cost + Manufacturing overhead

                           = $14,000 + 38,000= 52,000

Conversion cost=$52,000

answer may be d i think

whole quiz

1. the sum of all activities involved in getting high-quality products into the marketplace

2.operations

3. the principle of looking at the supply chain as a whole in order to improve the overall flow through the system.

4. produced; performed

5. activities producing tangible products, such as radios, newspapers, buses, and textbooks.

6. activities producing intangible and tangible products, such as entertainment, transportation, and education.

7.   customer focus

8. analyzing a competitor's products to identify desirable improvements

9. the systematic direction and control of the processes that transform resources into finished projects that create value for and provide benefits to consumers.

10. operation management.

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