What are prime costs and conversion costs

Reference no: EM132703403

Problem 1: Direct labor is paid P9.60 per hour and overhead for the month was P9,600. What are prime costs and conversion costs, respectively if there were 1,500 direct labor hours and P21,000 of raw material was purchased?

a. P29,100 and P33,900

b. P33,900 and P24,000

c. P33,900 and P29,100

d. P24,000 and P33,900

Reference no: EM132703403

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