Which of the Following Combinations of Costs Make Up Conversion

question 42

Multiple Choice

Which of the following combinations of costs make up conversion cost

• A)Direct materials cost and manufacturing overhead cost.
• B)Direct labour cost and manufacturing overhead cost.
• C)Marketing cost and administrative cost.
• D)Direct materials costs and direct labour cost.

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Definitions:

Free From Risk

A state where there is no potential for loss or any harmful consequences, often considered ideal but difficult to achieve in practice.

Reflexive Modernity

A theory in sociology that suggests modern society is increasingly characterized by reflection and change, affecting traditional institutions and lifestyles.

Expands Ability

The process or intervention aimed at increasing the skills, resources, or capacities of individuals or systems.

Reflexively Manage Risks

The process of constantly monitoring and adjusting one's behavior or decisions in response to perceived risks and uncertainties.