Assume the following information: Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Total manufacturing overhead Variable selling expense Fixed selling expense. $ 70,000 $ 40,000 $ 15,000 25,000 $ 40,000 $ 15,000 20,000 Total selling expense Variable administrative expense Fixed administrative expense $ 8,000 12,000 $ 35,000 Total administrative expense What is the total conversion cost? Multiple Choice $112,000 $ 20,000