Prime Cost Is Part of the Production Cost,also Called the Manufacturing

question 19

Multiple Choice

Prime Cost is part of the production cost,also called the manufacturing cost or factory cost.
Prime Cost includes:

• A) All costs associated with the production of a product, or the running of a factory
• B) Direct material costs only
• C) All material costs and all labour costs
• D) Direct materials and direct labour costs

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Definitions:

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