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Accounting

Problem:

Management of Lewallen Corporation has asked your help as an intern in preparing some key reports for September. Direct materials cost was $66,000, direct labor cost was $52,000, and manufacturing overhead was $80,000. Selling expense was $24,000 and administrative expense was $41,000.

The conversion cost for September was:

$132,000

$156,000

$198,000

$131,000

Note: Be sure to show how you arrived at your answer.

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M91165385

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