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The term prime cost refers to Group of answer choices a)raw material purchased and direct labor costs. b)all manufacturing costs other than direct labor and
The term "prime cost" refers to
Group of answer choices
a)raw material purchased and direct labor costs.
b)all manufacturing costs other than direct labor and raw material costs.
c)all manufacturing costs incurred to produce units of output.
d)the raw material used and direct labor costs.
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