In April Direct Labor Was 70% of Conversion Cost

question 141

Multiple Choice

In April direct labor was 70% of conversion cost. If the manufacturing overhead for the month was $42,000 and the direct materials cost was $28,000, the direct labor cost was:

• A)$98,000
• B)$65,333
• C)$18,000
• D)$12,000

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Definitions:

Cognitive Moral Development

A theory by Lawrence Kohlberg that suggests individuals progress through a series of moral reasoning stages.

Ethical Concern

Issues or situations that require individuals or organizations to choose between alternatives that must be evaluated as right or wrong, based on ethical principles.

Kohlberg

Lawrence Kohlberg was an American psychologist best known for his theory of stages of moral development.

Business Transactions

Financial or commercial activities that involve the exchange of goods, services, or information between businesses or within a business.