Prime Costs Are Comprised Of

question 39

Multiple Choice

Prime costs are comprised of:

• A) direct materials and manufacturing overhead.
• B) direct labor and manufacturing overhead.
• C) direct materials, direct labor, and manufacturing overhead.
• D) direct materials and direct labor.
• E) direct materials and indirect materials.

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Definitions:

Innovate

To innovate means to introduce new methods, ideas, or products, aiming at improvements or solving problems.

Stagnate

To stop developing, progressing, or advancing; to become static or stale.

Creativity

Generates unique and novel responses to problems.

Process

A series of actions or steps taken in order to achieve a particular end.