Conversion cost is subtracted from direct manufacturing labour cost is to calculate the
A. direct overheads
B. overhead costs
C. factory overhead
D. manufacturing overhead cost
Answer: Option D
Solution(By Examveda Team)
Conversion cost is subtracted from direct manufacturing labour cost is to calculate the manufacturing overhead cost. Conversion costs is a term used in cost accounting that represents the combination of direct labor costs and manufacturing overhead costs.Related Questions on Costing
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A. tax compliance.
B. financial audit.
C. cost ascertainment.
D. profit analysis.
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C. transport firms
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The cost which is to be incurred even when a business unit is closed is a _____.
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B. historical cost
C. sunk cost
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