What is meant by the term prime cost?
Question:
What is meant by the term ‘prime cost’?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 64% (14 reviews)
In accounting the term prime cost refers to the direct costs incurred in the production of a good or ...View the full answer
Answered By
Santosh Reddy
I have been a tutor for over 10 years. I have experience working with students of all ages, from elementary school to college. I have also tutored students with different learning styles and abilities. I am familiar with a variety of subjects, including math, science, English, history, and Spanish. I am able to adapt my teaching style to meet the needs of each individual student. I am patient and supportive, and I strive to help my students succeed.
I believe that one of the most important aspects of tutoring is the ability to build a rapport with the student. I work to create a positive and supportive learning environment where the student feels comfortable asking questions and seeking help. I also believe that it is important to be flexible and accommodating to the student's needs. I am willing to adjust my schedule and meeting times to ensure that the student is able to get the help they need.
I am confident in my ability to help students improve their grades and succeed in their studies. I have a proven track record of success, and I am committed to helping my students reach their goals. If you are looking for a tutor who is experienced, knowledgeable, and supportive, then please contact me. I would be happy to discuss your needs and how I can help you achieve success.
0.00
0 Reviews
10+ Question Solved
Related Book For
Accounting For Non-Accounting Students
ISBN: 9781292128979
9th Edition
Authors: John R. Dyson, Ellie Franklin
Question Posted:
Students also viewed these Business questions
-
What is meant by the term cost of goods manufactured ? Why does this item appear on an income statement?
-
What is meant by the term cost of goods manufactured (CGM)? How is CGM calculated?
-
What is meant by the term cost effectiveness in financial reporting?
-
On January 1, 2014, Iron Mountain Ski Corporation purchased a new snow-grooming machine for $50,000. The machine is estimated to have a 10-year life with a $2,000 salvage value. What journal entry...
-
c = 0.90, s = 35, n = 18 Construct the indicated confidence intervals for (a) The population variance 2 (b) The population standard deviation . Assume the sample is from a normally distributed...
-
Serenity Corporation has 20 employees who each earn $120 a day. The following information is available. 1. At December 31, Serenity recorded vacation benefits. Each employee earned 5 vacation days...
-
In what situations would an interpleader procedure be used?
-
A pre-heater involves the use of condensing steam at 100C on the inside of a bank of tubes to heat air that enters at 1 atm and 25C. The air moves at 5 m/s in cross flow over the tubes. Each tube is...
-
Fournier Fixtures produces a variety of manufactured items for the home and building industry. The company produces only when receives orders and, therefore, has no inventories. The following...
-
Wildcat Sporting Goods (WSG) sells athletic shoes and trendy sports apparel to a variety of sporting goods stores in the Northeast and, in 2011, WSG also began direct Internet sales to consumers....
-
The following information relates to Megg for the year to 31 January 2017: Required Prepare Meggs manufacturing account for the year to 31 January 2017. Inventory at 1 February 2016 Raw material...
-
As a taxpayer, what information do you want to see about how public money is spent?
-
The grades on an examination whose mean is 525 and whose standard deviation is 80 are normally distributed. a. Anyone who scores below 350 will be retested. What percentage does this represent? b....
-
Which use of Internet-based communication would NOT be appropriate when e-mailing with families? Sending photos of children playing together Discussing issues or concerns Providing websites for...
-
In Some Country the budget for Defense exceeded the budget For education by $693.6 billion If x is represent for education, In billions of Dollars, How lone the budget for Defense be represented?
-
Showed that the nation wasn't necessarily a politically united nation, and Jeerson's desire for a politically agrarian nation would end with the failure of the Embargo Acts. At this time, England and...
-
What are the key points of the Dodd-Frank act? Generally speaking, what does this legislation seek to do?
-
Anyone who has intended a sport event, concert, festival, or live show, has at some level interacted with scalpers. The people who walk around the entrances to these events claiming to have tickets...
-
If A and B commute with C, show that the same is true of: kA, k any scalar
-
Solve each problem. Find the coordinates of the points of intersection of the line y = 2 and the circle with center at (4, 5) and radius 4.
-
Describe forces that act as stimulants to change.
-
Describe the sources of resistance to change.
-
Summarize Lewin's three-step change model.
-
Give a summary of concepts and the applications for the following quistion: When a 200.0-g mass is attached to a spring, it stretches the spring by 7.50 cm. With that mass-spring system in...
-
A helium-filled balloon, whose envelope has a mass of 0.29 kg, is tied to a 3.8-m long, 0.054-kg string. The balloon is spherical with a radius of 0.40 m. When released, it lifts a length h of the...
-
A potato is launched out of a building (building A) from the 10th floor which is 15 m high, with a velocity of 55 m/s at an angle of 35.0 above the horizontal. There is a building (building 2) 130 m...
Study smarter with the SolutionInn App