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Acct 525 16.Conversion costs consist of: A) direct and indirect labor. B) direct labor and direct materials. C) direct labor and manufacturing overhead. D) prime costs and manufacturing overhead. Ans: C AACSB: Reflective Thinking AICPA BB: Critical Thinking AICPA FN: Reporting LO: 2 Level: Easy Source: CMA, adapted

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Acct 525

16.Conversion costs consist of: A)direct and indirect labor. B)direct labor and direct materials. C)direct labor and manufacturing overhead. D)prime costs and manufacturing overhead. Ans:C AACSB:ReflectiveThinking AICPABB:CriticalThinking AICPAFN:Reporting LO:2 Level:Easy Source:CMA,adapted

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