Bridgeport, Inc., has made a name for itself in the exquisitely fragrant candle market. It incurred a variety of costs over the past year as part of its manufacturing, selling, and administrative functions. The following is a partial list of the costs incurred:
Marketing
$1,000
Direct labor
14,000
Production supervisor salary
3,500
Production utilities
1,600
Sales supervisor salary
2,500
Direct materials
10,000
Depreciation on production equipment
7,500
What were the prime costs for Bridgeport this year?
Prime costs
$
What were the conversion costs for Bridgeport this year?
Conversion costs
$