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What is called "Prime Cost" from the following: 1. Direct Cost + Indirect Cost 2. Direct Material + F.O.H 3. Direct Material + Direct Labour

Cost Accounting
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Question added by Deleted user
Date Posted: 2013/06/05
Upvote (1) Views (19) Followers (3) Answers (8) Report Question
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Ahmed Tharwat
by Ahmed Tharwat , Senior Accountant , ASKAF GENERAL TRADING

3.
Direct Material Plus Direct Labour Prime Cost : Costs Directly Attributale to a product

SALIK RAFIQUE
by SALIK RAFIQUE , GM FINANCE , SWISS PRO MANUFACTURING CO.

Direct material + Direct labour = Prime Cost

Khaled Abdelrehim ACCA DipIFR CMA
by Khaled Abdelrehim ACCA DipIFR CMA , Financial Analysis Assistant General Manager , Khalda Petroleum Company

Direct Material + Direct Labour

manaf mottemmal
by manaf mottemmal , ACCOUNTANT , TECH INTERNATION MARINE QATAR

prime cost is a direct cost it first cost of al organization

 

 

manaf almas
by manaf almas , Auditor , DAR AL NUZUM PUBLIC ACCOUNTANTS

PRIME COST=DIRECT MATERIAL + DIRECT LABOUR +DIRECT EXPENSE,SO ANSWER NO.3 IS CORRECT

walid mohamed sherif
by walid mohamed sherif , Chief Of Managerial Accounting , AL Yamamah Steel Industries

answer no.3 is correct

Deleted user

Prime costs are comprised of direct materials and direct Labour.

Gabr Yassen
by Gabr Yassen , محاسب مالي , كايرو تريد

prime cost  = direct labor+ direct material

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