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The following costs were incurred in by Sam Ryan Manufacturing Company: Direct materials...................... $89,000 Direct labor............................ $76,000 Manufacturing overhead........ $70,000 Selling expenses..................... $17,000 Administrative expenses........
The following costs were incurred in by Sam Ryan Manufacturing Company:
| Direct materials...................... | $89,000 |
| Direct labor............................ | $76,000 |
| Manufacturing overhead........ | $70,000 |
| Selling expenses..................... | $17,000 |
| Administrative expenses........ | $90,000 |
REQUIRED: Determine Sam Ryan Manufacturing Companys conversion costs.
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