Sleep Ltd manufacture luxury blankets. The company management accountant needs your assistance in identifying the conversion costs associated with the making of the product. Direct Material .$65,000 Indirect Labour..$3,500 Administrative costs.$8,000 Depreciation on factory equipment...$55,000 Depreciation on CEO's company vehicle.$12,000 Assembly line workers' wages$120,000 Overtime factory premiums paid to assembly workers.$10,000 Wool purchased.$92,500 Indirect materials...$22,500

Question 7 options: a) $185 000 b) $158 500 c) $185 500 d) $211 000