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.
Which of the following is not charged to the manufacturing account? ...
The depreciation on plant acquired by a manufacturing company is treated as ...
Where a proprietor withdraws cash from bank for office use, the entries would be ...
An expense is said to be revenue in nature if it ...
Repairs to air conditioners was debited to office equipment account. This is an error of ...
In a sales ledger, contra entry is found on the? ...
The debenture issued at par above the nominal value is said to be issued at a ...
Control accounts help to verify the arithmetic accuracy of the postings from the ...