Prime cost includes (i) Direct labour (ii) Factory overhead expenses (iii) Raw materials consumed (iv) Direct expenses
Question:
Prime cost includes
(i) Direct labour
(ii) Factory overhead expenses
(iii) Raw materials consumed
(iv) Direct expenses
(A) (i), (ii) and (iii)
(B) (ii), (iii) and (iv)
(C) (i), (iii) and (iv)
(D) (i), (ii) and (iv)
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Prime cost primarily includes the direct costs that are directly attributable to the producti...View the full answer
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Related Book For 
Frank Woods Business Accounting Volume 1
ISBN: 9780273681496
10th Edition
Authors: Frank Wood, Alan Sangster
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