Solution-Determine total conversion costs for the year

Determine total conversion costs for the year

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Reference no: EM133139418

Question - Sentiments, Inc., is a greeting card manufacturer. The following selected cost data is for the year ended December 31.

Description	Dollar Amount
Cost of delivery to customers	$16,000
President's salary costs	$120,000
Marketing costs	$49,000
Supervisor salary (factory)	$90,000
Printing ink for cards	$52,000
Factory equipment depreciation	$32,000
Factory utility costs	$24,000
Assembly line worker's wages	$102,000
Sales commission	$92,000
Lubricants for factory equipment	$4,000
Pulp paper costs	$128,000
Property taxes on factory	$18,000
Admin costs (head office)	$68,000

Required -

1. Determine total prime costs for the year?

2. Determine total conversion costs for the year?

Reference no: EM133139418

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Determine total conversion costs for the year : Sentiments, Inc., is a greeting card manufacturer. The following selected cost data is for the year ended December 31. Determine total conversion costs

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Determine total conversion costs for the year

Reference no: EM133139418

Reference no: EM133139418

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