Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

The term 'prime cost' refers to: A . The total of direct materials, direct labor, and factory overhead. B . The total of direct materials

The term 'prime cost' refers to:
A. The total of direct materials, direct labor, and factory overhead.
B. The total of direct materials and direct labor.
C. The total of direct labor and factory overhead.
D. The total of direct materials and factory overhead.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

More Books

Students also viewed these Accounting questions

Question

=+what you can edit out yet still get the message across.

Answered: 1 week ago

Question

=+3. How could you extend the campaign creatively?

Answered: 1 week ago