Raw materials that physically become part of the product and can be traced to specific units or batches 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: advertising expense, $85,000; depreciation expense - factory building, $133,000; direct labor, $250,000; direct material used, $300,000, factory utilities, $105,000; 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, $300,000: factory utilities, $105,000: and sales salaries expense, $150,000. 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, $300,000; factory utilities, $105,000; and sales salaries expense, $150,000. Determine the dollar amount of overhead costs. $1, 023,000 $550,000 $488,000 $235,000 $238,000