Management of Mcgibboney Corporation has asked your help as an intern in preparing some key reports for November. Direct materials cost was $42,000, direct labor cost was $25,000, and manufacturing overhead was $62,000.  Selling expense was $21,000 and administrative expense was $38,000.The conversion cost for November was:

A. $116,000
B. $87,000
C. $129,000
D. $79,000


Answer: B

Business

You might also like to view...

Nonverbal messages can be dismissed since they do not contribute to verbal messages

Indicate whether the statement is true or false

Business

Relocating a company's operations to avoid fulfilling bargaining obligations is known as an ____________ strategy.

Fill in the blank(s) with the appropriate word(s).

Business

Assume that interest rates on 20-year Treasury and corporate bonds with different ratings, all of which are noncallable, are as follows:  T-bond = 7.72%          A = 9.64%AAA = 8.72%           BBB = 10.18% The differences in rates among these issues were most probably caused primarily by:

A. Real risk-free rate differences. B. Tax effects. C. Default risk and liquidity differences. D. Maturity risk differences. E. Inflation differences.

Business

A content editor is the person responsible for updating and maintaining website content.

Answer the following statement true (T) or false (F)

Business