Question
What are conversion costs?
Answers
Conversion costs are the combination of direct labor costs plus manufacturing overhead costs.
You can think of conversion costs as the manufacturing or production costs necessary to convert raw materials into products. Expressed another way, conversion costs are a manufacturer's product or production costs other than the costs of raw materials.
The term conversion costs often appears in the calculation of the cost of an equivalent unit in a process costing system.   Your Comment




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