I.What is a Prime Cost?

II.Brother's Furniture is a small furniture manufacturer. In the first week of December, they worked exclusively on an order to build 5 conference tables. Costs incurred

pening stock of timber $50 Labour hours worked $100

Timber purchased during the week $2,000 Wages per hour $40

Closing stock of timber $250 Design engineer salary allocated to the job $2,500

Glass purchased for table tops $500 Indirect materials and utilities cost allocated to the job $3,000