2. Management of Lewallen Corporation has asked your help as an intern in preparing some key reports for September. Direct materials cost was $66,000, direct labor cost was $52,000, and manufacturing overhead was $80,000. Selling expense was $24,000 and administrative expense was $41,000.

The conversion cost for September was:

	$132,000
	$156,000
	$198,000
	$131,000