The sum of direct cost in a manufacturing account is
...The sum of direct cost in a manufacturing account is
Production cost
Prime cost
Total cost
Finance cost
Correct answer is B
Prime cost is the direct cost of a commodity in terms of the materials and labour involved in its production, excluding fixed costs.
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\(\begin{array}{c|c} & N \\ \hline \text{Sales} & 14,600 \\ \text{Purchases} & 5,500 \\ ...