1. Conversion cost consists of which of the following:

Select one:

1. direct material and indirect labour costs

2. direct labour costs

3. direct material and indirect labour costs

4. direct labour and indirect manufacturing cost

2. Manufacturing overhead costs consist of:

Select one:

1. all indirect manufacturing costs

2. all indirect costs

3. indirect labour and indirect materials

4. all manufacturing costs

3. An indirect cost is the result of a cost that is classified by:

Select one:

1. relevance

2. Traceability

3. controllability

4. Behaviour