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The Following Costs Were Incurred in May:
Conversion Costs During

question 64

Multiple Choice

The following costs were incurred in May:
Conversion costs during the month totaled:
 Direct materials. £41,000 Direct labour. £13,000 Manufacturing overhead. £46,000 Selling expenses. £18,000 Administrative expenses. £15,000\begin{array}{lrr} \text { Direct materials. } &£ 41,000\\ \text { Direct labour. } &£ 13,000\\ \text { Manufacturing overhead. } &£ 46,000\\ \text { Selling expenses. } &£ 18,000\\ \text { Administrative expenses. } & £ 15,000\\\end{array}


Definitions:

Mnemonic

A technique or strategy designed to assist in memorizing information by making it easier to recall, such as through acronyms or rhymes.

Functional

Capable of operating or serving a purpose effectively.

Phonemic

Relating to the units of sound in a language that distinguish one word from another, for example, the difference between the sounds /p/ and /b/ in "pad" and "bad."

Structural

Pertaining to the arrangement and relations between parts or elements of something complex.

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