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23.Compute conversion costs given the following data: Direct Materials, $387,400; Direct Labor, $192,800; Factory Overhead,...

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Accounting

23.Compute conversion costs given the following data: Direct Materials, $387,400; Direct Labor, $192,800; Factory Overhead, $215,000 and Selling Expenses, $42,900.

a.$407,800

b.$795,200

c.$602,400

d.$172,100

10.

Managerial accounting reports are designed to meet the specific needs of a company's management.

True

False

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