QUESTION 11 Baker Company. Baker Company manufactures office tables. The following information is available for January 2018: Raw Material Inventory Work in Process Inventory Finished Goods Inventory Beginning $ 6,000 17,300 21,000 Ending $ 7,500 11,700 16,300 Refer to Baker Company. Direct labor is paid $9.60 per hour and overhead for the month was $9,600. What are prime costs and conversion costs, respectively if there were 1,500 direct labor hours and $21,000 of raw material was purchased? a.$24,000 and $33,900 b, $29,100 and $33,900 $33,900 and $29,100 d. $33,900 and $24,000 QUESTION 12 The term "prime cost' refers to 1.raw material purchased and direct labor costs. 2. the raw material used and direct labor costs 3. all manufacturing costs other than direct labor and raw material costs. 4. all manufacturing costs incurred to produce units of output