Raw materials that physically become part of the product and can be traced to specific units or of product are called: Raw materials sold Chargeable materials Goods in process Indirect materials Direct materials The following costs are included in a recent summary of data for a company: $85,000; depreciation expense - factory building, $133,000; direct labor, $250,000; direct material used, $300,000; factory utilities, $165,000; and sales salaries expense, $150,000. Determine the dollar amount of prime costs. $1, 023,000 $550,000 $488,000 $235,000 $238,000 The following costs are included in a recent summary of data for a company: advertising expense, $85,000; depreciation expense - factory building, $133,000; direct labor, $250,000; direct material used, and, $300,000; factory utilities, $105,000; and sales salaries expense, $159,000. Determine the dollar amount of conversion costs. $1, 023,000 $550,000 $488,000 $235,000 $238,000 Products that are in the process of being manufactured but are not yet complete are called: Raw materials inventory. Conversion costs. Cost of goods sold. Goods in process inventory. Finished goods inventory. The following costs are included in a recent summary of data for a company: advertising expense, $85,000; depreciation expense - factory building, $133,000; direct labor, $250,000; direct material used, and, $300,000; factory utilities, $105,000; and sales salaries expense, $159,000. Determine the dollar amount of overhead costs. $1, 023,000 $550,000 $488,000 $235,000 $238,000