MaeLee Inc. manufactures hook-and-eye closures. For the mont…
MaeLee Inc. manufactures hook-and-eye closures. For the month of July, it incurred direct labor of $68000, direct materials of $33500, and manufacturing overhead of $44100. Included in these costs are direct costs of $101500 and indirect costs of $44100. Respectively, the conversion costs and prime costs for Novak, Inc. for July are