General accounting question Direct labor cost per unit equals SS. Total overhead costs equal $72,000. Equivalentunits for overhead are 9,000. How much is the total conversion cost per unit?A. $8B. $12C. $16D. $20

Step 1: Definition of Conversion CostConversion costs include direct labor and manufacturing…

Answered: Direct labor cost per unit equals SS.…

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Direct labor cost per unit equals SS. Total overhead costs equal $72,000. Equivalent units for overhead are 9,000. How much is the total conversion cost per unit? A. $8 B. $12 C. $16 D. $20