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Determine the total conversion costs for the year

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Question - Sentiments, Inc., is a greeting card manufacturer. The following selected cost data is for the year ended December 31.

Description Dollar Amount

Cost of delivery to customers $16,000

President's salary costs $120,000

Marketing costs $49,000

Supervisor salary (factory) $90,000

Printing ink for cards $52,000

Factory equipment depreciation $32,000

Factory utility costs $24,000

Assembly line worker's wages $102,000

Sales commission $92,000

Lubricants for factory equipment $4,000

Pulp paper costs $128,000

Property taxes on factory $18,000

Admin costs (head office) $68,000

Required -

1. Determine the total prime costs for the year?

2. Determine the total conversion costs for the year?

Reference no: EM133138254

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