BOTH QUESTIONS MUST BE ANSWERED FULLY AND COMPLETELY- IF YOU CANNOT ANSWER ALL QUESTIONS POSED, PLEASE DO NOT ANSWER 828 (Ctrl) Assume that the Cortland Company incurred the fowowing costs last month to make the company's product. materials 41,000 s 13,000 46,000 $18,000 15,000 labor anufacturing overhead elling expenses Administrative expenses Question 2: a) Concept Definition: Provide a definition for conversion costs, and then explain how conversion cost is used by a manager to support decision making processes. Question 2:b) What is the total dollar amount of conversation costs for this particular company? Please note, you are required to show all supporting details used to determine an answer which includes the account titles and dollar amount for each account that was used in the calculations to answer this type of