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crazymomm1
Aug 30, 2007, 08:22 PM
If your manufacturing overhead is 70% of conversion cost, how do you figure out the manufacturing overhead cost? Please help!!
goldielockslk
Sep 3, 2007, 10:36 AM
If your manufacturing overhead is 70% of conversion cost, how do you figure out the manufacturing overhead cost? Please help!!
Conversion Costs are your Direct Labor costs+Mfg OH costs. So if OH is 70% of that, simple take the total of the Conversion cost and times it by .7
crazymomm1
Sep 3, 2007, 07:05 PM
Conversion Costs are your Direct Labor costs+Mfg OH costs. So if OH is 70% of that, simple take the total of the Conversion cost and times it by .7
So what you mean is I would multiply the labor cost which is 180,000 by .7?