Craigmont Company's direct materials costs are $3,500,000, its direct labor costs total $7,450,000, and its factory...

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Craigmont Companys direct materials costs are $3,500,000, its direct labor costs total $7,450,000, and its factory overhead

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Answer 1

Answer #1

Conversion Costs = Direct Labour Cost + Manufacturing Overhead Costs

Direct Labour Cost = $ 74,50,000

Manufacturing Overhead Cost = $ 54,50,000

Conversion Costs = 74,50,000 + 54,50,000

Conversion Costs = $ 1,29,00,000

Option C ($ 12,900,000) is the Correct Answer.

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Answer 2

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