Conversion Costs vs Primary Costs

Conversion costs are approved by GAAP to use toward the cost of inventoried goods.

Which of the following is NOT considered when calculating Prime Cost

Which of the following is NOT considered when calculating Conversion Costs?

Saye Metalwork has $50,000 of direct labor, $86,000 in manufacturing overhead, and produced 20,000 units in March

What is their conversion cost per unit?

BTK boots produce 5,200 boots per week. Their direct labor cost is $20.00 per hour for 4000 hours. The total cost of all raw materials is $100,000 and their overhead for the week is $42,000. What is their conversion cost per boot?