Information from the records of the Maple Corporation for July 2014 was as follows:
Sales $1,230,000
Selling and administrative expenses 210,000
Direct materials used 264,000
Direct labor 300,000
Factory overhead * 405,000
*variable overhead is $205,000, fixed overhead is $200,000
Inventories
July 1, 2014 July 31, 2014
Direct materials $36,000 $42,000
Work in process 75,000 84,000
Finished goods 69,000 57,000
a) The conversion cost is
b) The prime costs are