The Following Data Pertains to Lam Co

question 72

Multiple Choice

The following data pertains to Lam Co.'s manufacturing operations:
Additional information for the month of April:
Overhead is applied at $10 per direct labor hour.
For the month of April,conversion cost incurred was:

• A)$30,000.
• B)$40,000.
• C)$70,000.
• D)$72,000. Labor hours - $30,000/$7.50 = 4,000 hours Conversion of labor plus applied overhead = $30,000 + 4,000 x $10 = $70,000

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Definitions:

Promoter

A substance that increases the activity of an enzyme or other catalyst, enhancing a chemical reaction.

Non-native Species

Species that are introduced into an ecosystem where they do not naturally occur, often causing harm to the native biodiversity.

High Reproductive Time

Species or organisms that have a long period before reaching sexual maturity, often resulting in fewer offspring over their lifetime.