What is the company's working capital? $19, 530 $4, 150 $27, 160 $8, 930 Prime costs can be defined as: The cost of the first state of the manufacture of a product The total costs of manufacturing a product The total direct costs of manufacturing a product The total costs of operating the production department where the product is made Suede Company makes two types of women's handbags. Making a standard handbag requires 2 hours of labor while making a deluxe handbag requires 5 hours of labor. During the most recent accounting period the company made 2,000 standard handbags and 500 deluxe handbags. Indirect manufacturing costs amounted to $104,000 and are allocated based on labor hours. Based on this information: $8 of overhead cost should be allocated to each handbag regardless of the type of handbag made. $20.80 of overhead cost should be allocated to each handbag regardless of the type of handbag made. $32 of overhead cost should be assigned to each standard handbag and $80 of overhead cost should be assigned to each deluxe bag. None of the above answers are correct. The following balance sheet information was provided by Otto Company: Assuming that net credit sales for the year 2014 totaled $150,000, what is the company's most recent accounts receivable turnover? 23.08 times 20.00 times 27.27 times 11.54 times