Question 14. Question : Factory overhead costs for a given
period were 2 times as much as
the direct material costs. Prime costs totaled $8,000.
Conversion
costs totaled $11,350. What are the direct labor costs for
the
period?
Student Answer: $4,650.
$3,560.
$4,200.
$3,860.
UNIT 1 QUIZ
Question 15. Question : Assume the following information
pertaining to a Company:
Prime costs = $195,000
Conversion Costs = $221,000
Direct Materials used = $85,000
Beginning Work-in-Process=$98,000
Ending Work-in-Process = $81,000
Factory overhead is calculated to be:
Student Answer:
$306,000.