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Did I compute this problem correctly? What is the total conversion cost for job #1? My answer is $2,850.00 . I added Direct labor +
Did I compute this problem correctly?
What is the total conversion cost for job #1?
My answer is $2,850.00. I added Direct labor + Manufacturing overhead
Conversion Cost = Direct Labor + Manufacturing overhead
($150.00 DL + $2,700.00 MOH)
The cost summary for Job #1 is:
Cost Summary
Direct Materials $6,700.00
Direct Labor $150.00
Manufacturing Overhead $2,700.00
Total Product Cost $9,550.00
Unit Product Cost $9,550.00
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