Question

    Which among the following correctly calculates

    Conversion Cost?
    A Material Cost + Overhead Cost Correct Answer Incorrect Answer
    B Direct Labour + Overhead Cost Correct Answer Incorrect Answer
    C Direct Material + Direct Labour Correct Answer Incorrect Answer
    D Variable Overhead + Fixed Overheads Correct Answer Incorrect Answer
    E None of the above Correct Answer Incorrect Answer

    Solution

    Conversion Cost is the total of Labour cost and overheads incurred.

    Practice Next
    More Alternate Sources of Finance Questions
    ask-question