Question

Craigmont Company's direct materials costs are $4,900,000, its direct labor costs total $8,710,000, and its factory overhead costs total $6,710,000. Its conversion costs total:

Answer 1

Conversion costs= $15,420,000

Step-by-step explanation:

Giving the following information:

Direct material= $4,900,000

Direct labor costs= $8,710,000

Factory overhead costs= $6,710,000

The conversion costs are the sum of the direct labor and factory overhead.

Conversion costs= 8,710,000 + 6,710,000

Conversion costs= $15,420,000