Question 4: A) The following data are from Partners Corporation, a manufacturer, for the month of June:

Direct materials used $127,000

Supervisors salaries $8,500

Machine operators wages $190,000

Sales office rent and utilities $28,000

Machine depreciation $30,000

Secretary to the Chief Executive Officer salary $2,850

Factory insurance $13,500

Required: Compute the Prime costs?

B) Differentiate between Prime Cost and Factory Overhead Costs (FOH) and what role does it play in cost management?