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QUESTION

Conversion cost is subtracted from direct manufacturing labor cost to calculate direct overheads overhead costs factory overhead manufacturing

 Conversion cost is subtracted from direct manufacturing labor cost to calculate

  1. direct overheads
  2. overhead costs
  3. factory overhead
  4. manufacturing overhead cost

 Inward delivery charges and custom duties are classified as

  1. direct labor costs
  2. indirect labor costs
  3. direct material costs
  4. indirect material costs

 Supplies, plant maintenance, plant rent, plant insurance and cleaning labor are considered as

  1. labor costs
  2. factory overhead costs
  3. finished costs
  4. manufacturing costs
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