In the manufacture of 13,000 units of a product, direct materials cost incurred was $146,700, direct labor cost incurred was $90,000, and applied factory overhead was $51,500. What are the total conversion costs

You are in the market for a new refrigerator for your company’s lounge, and you have narrowed the search down to two models. the energy efficient model sells for $700 and will save you $45 at the end of each of the next five years in electricity costs. the standard model has features similar to the energy efficient model but provides no future saving in electricity costs. it is priced at only $500. assuming your opportunity cost of funds is 6 percent, which refrigerator should you purchase