53:12 A company's prime costs total $4,500,000 and its conversion costs total $8,500,000. If direct materials are $1,750,000 and factory overhead is $5,750,000, then direct labor is Multiple Choice O $4,000,000. $17,000,000. $2,750,000. $1,000,000 $4,500,000. 4

53:12 A company's prime costs total $4,500,000 and its conversion costs total $8,500,000. If direct materials are $1,750,000 and factory overhead is $5,750,000, then direct labor is Multiple Choice O $4,000,000. $17,000,000. $2,750,000. $1,000,000 $4,500,000. 4

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter5: Process Costing

Section: Chapter Questions

Problem 7MC: What is the cost of direct labor f the conversion costs are $330.000 and manufacturing overhead is...

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Concept explainers

Manufacturing Costs

Manufacturing cost is the total cost of procuring or producing a product. In other words, the manufacturing cost is the cost that an individual or business owner undertakes for the manufacturing of goods.

Question

53.12
A company's prime costs total $4,500,000 and its conversion costs total $8,500,000. If direct materials are $1,750,000 and factory overhead is $5,750,000, then direct labor is:
Multiple Choice
O
$4,000,000.
$17,000,000.
$2,750,000.
$1,000,000.
$4,500,000.
A

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