Richards Corporation had net income of $250,000 and paid dividends to common stockholders of $50,000. It had 50,000 shares of common stock outstanding during the entire year. Richards Corporation's common stock is selling for $35 per share. The price-earnings ratio is 5 times 14 times O 7times 2 times Compute conversion costs given the following data: Direct materials $347,500 Direct labor 196,300 Factory overhead 187,900 Selling expenses 45,290 $187,900 $543,800 $731,700 $384,200 Which of the following is an example of direct materials cost for an automobile manufacturer? salary of production supervisor cost of wages of assembly worker cost of interior upholstery cost of oil lubricants for factory machinery Question 11 Which of the following is an example of a factory overhead cost? president's salary repair and maintenance cost on the administrative building insurance premiums on salesperson's automobiles factory heating and lighting cost OOOO