What term refers to the cost of changing direct materials into a finished manufactured product?

A) factory overhead cost
B) period cost
C) conversion cost
D) direct labor cost

Finished Manufactured Product

Items that have completed the manufacturing process and are ready for sale.

Conversion Cost

Costs incurred during the transformation of raw materials into finished goods, specifically focusing on direct labor and manufacturing overhead expenses.

Direct Materials

Direct materials refer to the raw materials and components that are directly used in the manufacturing of a product, often considered a variable cost.