Question 47 (1 point) Compute conversion costs given the following data: Direct Materials, $347,500; Direct Labor, $196,300; Factory Overhead, $187,900; and Selling Expenses, $45,290. 1) S187,900 2) $731,700 3) s543,800 4) $384,200 Jensen Company reports the following: $345,000 250,000 Direct materials used Direct labor incurred 400,000 Factory overhead incurred Operating expenses 175.000 Jensen Company's period costs are 1) $250.000 2) S175.000 3) $400,000