The following selected account balances are as at the end of the current period. Manufacturing direct labour $140,000 Direct materials purchased Variable manufacturing overhead Depreciation on plant equipment and building Sales commissions Direct materials used Head office overhead costs Marketing costs What are the conversion costs for the period? O $300,000 O $420,000 O $120,000 O $215,000 150,000 75,000 85,000 35,000 120,000 110,000 90,000

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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The following selected account balances are as at the end of the current period.
Manufacturing direct labour
$140,000
Direct materials purchased
Variable manufacturing overhead
Depreciation on plant equipment and building
Sales commissions
Direct materials used
Head office overhead costs
Marketing costs
What are the conversion costs for the period?
O $300,000
O $420,000
O $120,000
O $215,000
150,000
75,000
85,000
35,000
120,000
110,000
90,000
Transcribed Image Text:The following selected account balances are as at the end of the current period. Manufacturing direct labour $140,000 Direct materials purchased Variable manufacturing overhead Depreciation on plant equipment and building Sales commissions Direct materials used Head office overhead costs Marketing costs What are the conversion costs for the period? O $300,000 O $420,000 O $120,000 O $215,000 150,000 75,000 85,000 35,000 120,000 110,000 90,000
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