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  3. the term "conversion costs" refers to: group of an

The term "conversion costs" refers to: Group of answer choices Direct labor costs incurred...

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Accounting

The term "conversion costs" refers to:
Group of answer choices
Direct labor costs incurred to produce units of output.
The sum of direct material costs and direct labor costs.
All costs associated with manufacturing other than direct labor costs.
The sum of direct labor costs and all factory overhead costs.

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