Business, 24.09.2020 02:01 drubio102004

The following data pertains to Lam Co.'s manufacturing operations: Inventories 4/1 4/30 Direct Materials $18,000 $15,000 Work in Process 9,000 6,000 Finished Goods 27,000 36,000 Additional information for the month of April: Direct materials purchased $32,000 Direct labor $30,000 Direct labor rate per hour $10.00 Factor overhead incurred $40,000 Overhead is applied at $12 per direct labor hour. For the month of April, conversion cost incurred was: A. $75,000.
B. $66,000.
C. $70,000.
D. $39,000.

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The following data pertains to Lam Co.'s manufacturing operations: Inventories 4/1 4/30 Direct Mater...