What may be included in prime cost? 1. Salary of factory manager 2. Salary of supervisor of

Question:

What may be included in prime cost?

1. Salary of factory manager
2. Salary of supervisor of production workers
3. Wages of machine maintenance workers
4. Wages of production workers

A. 1, 2 and 3

B. 2, 3 and 4

C. 3 and 4

D. 4 only

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For book-img-for-question

Cambridge IGCSE And O Level Accounting Coursebook

ISBN: 9781316502778

2nd Edition

Authors: Catherine Coucom

See More Books

Question Posted: Sep 16, 2021 01:44 AM

See More Questions

List the principles that may be included in the criteria for a Trust Services engagement.
Items of income and expenses may be included in the income statement only if they can be measured with certainty. Discuss.
What may be included under the heading of cash?
Your home business uses 570 square feet of your 2,850 square foot home. If household expenses for the year were $28,558, how much was alloted to your business? Amount invested
Are the following combinations homogeneous mixtures or heterogeneous mixtures? 1. The human body 2. An amalgam, a combination of some other metals dissolved in a small amount of mercury
Will Jones, LLP is a small CPA firm that focuses primarily on preparing tax returns for small businesses. The company pays a $500 annual fee plus $10 per tax return for a license to use Mega Tax...
Explain why there must always be some nonzero electric field outside the plates of a parallel-plate capacitor (Figure P26.13a), which means that the idealization shown in Figure P26.13b, with all the...
Dwayne cole, owner of a Florida firm that manufactures display cabinets, develops an 8- month aggregate plan. Demand and capacity ( in units) are forecast as follows: Capacity The cost of producing...
(a) The following information is given for 3 companies that are identical except for their capital structure: Orange Grape Apple Total invested capital 1,00,000 1,00,000 1,00,000 Debt/assets ratio...
A nursing home employs attendants who are needed around the clock. Each attendant is paid the same, regardless of when his or her shift begins. Each shift is 8 consecutive hours. Shifts begin at 6...
A manufacturer provided the following information: $ Prime cost .............................................. 132,000 Factory overheads .................................. 17,000 Opening work in...
How is cost of production calculated? A. Prime cost + factory overheads + increase in work in progress B. Prime cost + factory overheads increase in work in progress C. Prime cost factory overheads...
The defendants are approximately 80 tenants of a 300-unit luxury apartment building on the upper east side of Manhattan. The monthly rents in the all-glass-enclosed building, which won several...
The Stopperside Wardrobe Co. just paid a dividend of $1.69 per share on its stock. The dividends are expected to grow at a constant rate of 7.2% per year indefinitely. If investors require an 12.2%...
In the 4 bullet points the authors are speaking of the critical factors that need to be in place for the platform to fulfill its mission and its strategic roles in the ecosystem. For the purposes of...
How do power dynamics and hegemonic structures influence the construction and representation of identity narratives, and what strategies can individuals employ to resist or subvert dominant...
Your company stock is selling for $42.60 a share based on a 12 percent rate of return. What is the amount of the next annual dividend if the dividends are increasing by 3.5 percent annually?
format creates a 1-page essay ( 1000 WORDS) covering the points below. Do NOT answer the points below as questions and answers. This must be in an essay format with an introduction, body, and...
Draw the ground-state electronic configuration for: a. Ca b. Ca2+ c. Ar d. Mg2+
What is a manufacturing system?
Discuss how the adoption curve should be used to plan the promotion blend(s) for a new automobile accessoryan electronic radar system that alerts a driver if he or she is about to change lanes into...
If a marketing manager uses the task method to budget for marketing promotions, are competitors promotion spending levels ignored? Explain your thinking and give an example that supports your point...
Discuss the potential conflict among the various promotion managers. How could this be reduced?
How does STP protect a fault tolerant Ethernet network?
Other than rising energy prices, what are other reasons behind the recent rising of UK inflation to 10%? In terms of monetary policy, what can be done to tackle this problem?
My question is how should this look. Below this is my chart but not sure if I am corrrectly? The purpose of this assignment is to practice on the creation of a Relational Data Model from an Entity...

What may be included in prime cost? 1. Salary of factory manager 2. Salary of supervisor of

Question:

Step by Step Answer:

B 2 3 and 4 Prime cost typically refers to the direct costs of production which include ...View the full answer

Cambridge IGCSE And O Level Accounting Coursebook

Students also viewed these Business questions