- 1 Marks
MI – May 2018 – L1 – SA – Q6 – Cost Classifications
Understanding conversion costs.
Question
Which of the following is NOT true of conversion costs?
A. All non-production costs apportioned to product units
B. The combination of direct labour costs and manufacturing overheads
C. Production costs necessary to convert raw materials into products
D. Production costs other than the cost of materials
E. Production costs incurred from the moment materials are introduced into production up to the saleable stage
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