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Piper Consulting Company incurred the following during 2016 Direct labor $15,000 Overhead 22,500 Selling expenses 20,000 Administrative expenses 17,500 Calculate prime cost and conversion cost

Piper Consulting Company incurred the following during 2016

Direct labor	$15,000
Overhead	22,500
Selling expenses	20,000
Administrative expenses	17,500

Calculate prime cost and conversion cost for Piper Consulting Company during 2016.

Prime cost:	$Answer
Conversion cost:	$Answer

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