E2-4A. Prime Cost and Conversion Cost Piper Consulting Company incurred the following: Calculate prime cost and conversion cost for Piper Consulting Company. E2-5A. Product Cost Flows Number the following activities from 1 to 5 in the order corresponding to the typical flow of cost in a manufacturing company: - Record the transfer of raw materials into production. - Record cost of goods sold. - Record the completion of production of inventory. _ Record the application of manufacturing overhead. _ Record the purchase of raw materials