Prime Cost Consists of Direct Materials Combined With

question 94

Multiple Choice

Prime cost consists of direct materials combined with:

• A)direct labor.
• B)manufacturing overhead.
• C)indirect materials.
• D)cost of goods manufactureD.Direct materials and direct labor = Prime costs.

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Definitions:

Smallest Term

In mathematics, it refers to the term in an expression, sequence, or series that has the smallest value.

Equivalent Ratio

A proportional relationship between two numbers or quantities, indicating how many times the first number contains the second.

Smallest Term

Smallest Term generally refers to the term in a mathematical expression or sequence with the smallest numerical value.

Ratio

A numerical relationship indicating the number of times one value is contained within or contains the other.