Conversion Costs Consist of

question 26

Multiple Choice

Conversion costs consist of

• A)direct materials and direct labour.
• B)direct materials and manufacturing overhead.
• C)direct labour and manufacturing overhead.
• D)direct labour and transferred-in costs.

---

Definitions:

Contextual Performance

Refers to tasks an employee does on the job that are not required as part of the job but that still benefit the organization in some way.

Ethics

Refers to an individual’s beliefs about what is right and wrong and what is good and bad. Ethics are formed by the societal context in which people and organizations function.

Interactional Justice

A concept in organizational behavior regarding the treatment individuals receive as decisions are made, emphasizing dignity and respect.

Procedural Justice

The concept that fair and transparent processes are crucial in legal and organizational decisions, promoting trust and respect.