What is included in conversion costs? direct materials and direct labor direct materials and overhead direct labor and overhead direct materials and direct labor Use the following information to answer questions 21 and 22 George has 4 activities Purchasing = $6 per order. Receiving = $8 per receiving report Machine hours = $5 per hour Inspections = $6 per inspection Direct Labor hours were used as a single rate at $12 per hour. A job uses 3 purchase orders, 3 receiving reports, 25 machine hours and 5 inspections. They also used 10 labor hours. How much overhead is applied using the one rate? 18 24 1256 30 $120 $197 $317 $200 How much overhead is applied with ABC? $120 $197 $317 $200