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The term prime cost refers to: a. All costs associated with manufacturing other than direct labour costs and raw material costs. b. The sum of

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The term "prime cost" refers to: a. All costs associated with manufacturing other than direct labour costs and raw material costs. b. The sum of direct labour costs and all factory overhead costs. c. The sum of raw material costs and direct labour costs. d. Manufacturing costs incurred to produce units of output. Clear my choice

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