1. Concam Inc. manufactures television sets. Last month direct materials such as electronic components, costing 500,000 were put into production. Direct labor of 800,000 dollars was incurred, overhead equaled 450,000, and selling and administrative costs totaled 360,000. The company manufactured 8,000 TV sets during the month. Assume that there were no beginning or ending work in process balances. Choose the correct answer: The per unit conversion cost was? 1. 218.75 2. 156.25 3. 162.50 4. 100.00 Choose the correct answer: The total product cost for last month? 1. 1,750,000 2. 2,110,000 3. 1,300,000 4. 1,250, 000 Choose the correct answer: The total per unit prime cost was? 1. 263.75 2. 62.50 3. 162.50 4. 156.25 Choose the correct answer: What was the amount of cost of goods manufactured last month? 1. 1,750,000 2. 1,250,000 3. 1,300,000 4. 2,110,000 2. During the month of June, Telecom Inc. had cost of goods manufactured of 112,000 dollars, direct materials cost of 52,000 dollars, and direct labor cost of 37,000 dollars and overhead cost of 26,000 dollars. The work in process balance at June 30 equaled 10,000 dollars. What was the work in Process balance on June 1? 1. 7,000 2. 13,000 3. 10,000 4. 115,000 3. Lakeland, Inc. manufactured 5,000 units during the month of march. They incurred direct materials cost of 100,000 dollars and overhead cost of 40,000 dollars. If their per-unit prime cost was 26.00 per unit, how much direct labor cost did they incur during march? 1. 20,000 2. 35,000 3. 90,000 4. 30,000