Some selected sales and cost data for job order213Jojare given below.

Direct materials used $200,000

Direct labor 300,000

Factory overhead

(all indirect, 40%variable) 150,000

Selling and administrative expenses

(50% direct, 60% variable) 240,000

Compute the following:

1.Prime cost

2.Conversion cost

3.Direct cost

4.Indirect cost

5.Productcost

6.Period expense

7.Variable cost,and

8.Fixed cost.

Answer rating: 100% (QA)

Lets compute each of the required values 1 Prime Cost Prime Cost Direct Materials Direct Labor 2 Con... View the full answer