Compute conversion costs given the following data: direct materials, $347,500; direct labor, $196,300; factory overhead, $187,900; and selling expenses, $45,290.

A) $543,800
B) $187,900
C) $731,700
D) $384,200

Conversion Costs

The combination of direct labor and manufacturing overhead costs incurred to convert raw materials into finished products.

Direct Materials

The raw materials that are consumed in the manufacturing process and are directly allocated to the product.

Factory Overhead

All indirect costs associated with manufacturing, excluding direct materials and direct labor, such as maintenance, utilities, and equipment depreciation.