The prime cost is the total of the?
...The prime cost is the total of the?
Production cost + selling expenses
Direct material + direct labour + direct expenses
Direct material + work overhead expenses
Administrative expenses + selling + distribution expenses
Correct answer is B
The prime cost is the summation of all direct expenses and direct materials used in production. Its simply direct cost incurred during production.
An increases in the provision for doubtful debts results is a\an ...
\(\begin{array}{c|c} & ₦ \\ \hline \text{Opening stock of raw materials} & 24,750\\ \text{...
A fall in the value of a fixed asset due to technological changes is described as? ...
The partner whose liability goes beyond his capital is a ...
Sulah took two textile materials worth N500 from his business for his children's use. This would...
Which of the following is not correct? ...
The financial statement which is an expression of the accounting equation is the ...