Prime cost is derived by adding i. cost of raw materials ...
Prime cost is derived by adding i. cost of raw materials consumed ii. indirect expenses iii. direct labour iv. factory expenses v. work-in-progress vi. direct expenses
I, ii and iv
I, iii and vi
Iv, v and vi
Ii, iii and v
Correct answer is B
No explanation has been provided for this answer.
Zahki Plc balance sheet (extract) as at 31st December 1997. ...
The reduction in value of goodwill is ...
Partners' salaries and drawings are usually posted to the ...
A partnership's internal regulations are set out by ...
Given: Fixed assets N85,600 Sales N197,000 Stock N34,300 Salaries N37,000 Purchases N127,700 S...
The most important reason for studying accounting is that ...
Sale of goods for N600 to Ade was not posted, This is an error of ...
One of these is not a similarity between Joint Venture and Partnership. ...