A company's prime costs total $4,500,000 and its conversion costs total $5,500,000. If direct materials costs are $2,000,000, calculate the overhead costs: Multiple Choice O $2,500,000 $3.500.000 $2,000,000 Selling and administrative expenses are normally period costs. 2 True or False oints True False Ebook Print References Savod He The raw materials inventory turnover ratio is raw materials purchased divided by the average raw materials inventory 3 True or False True False Book Print erences 5 Multiple Choice $13,000 5 points eBook O $44,500 Print References $57,500 $94.500 $89.000 work A Saved Help Save Craigmont Company's direct materials costs are $3,000,000, its direct labor costs total $7,000,000, and its factory overhead costs total $5,000,000. Its conversion costs total: Multiple Choice $10,000,000 $8.000.000 O $12,000,000