Management of LYRA Corporation has asked your help as an intern in preparing some key reports for June. The beginning balance in the raw materials inventory account was 20,000. During the month, the company made raw materials purchases amounting to 69,000. At the end of the month, the balance in the raw materials inventory account was 32,000. Direct labor cost was 24,000 and manufacturing overhead was 71,000. The beginning balance in the work in process account was 24,000 and the ending balance was 19,000. The beginning balance in the finished goods account was 53,000 and the ending balance was 58,000. Selling expense was 20,000 and administrative expense was 35,000.

The prime cost for June was

55,000

95,000

93,000

81,000

The conversion cost for June was

Group of answer choices

95,000

93,000

152,000

140,000