Quincy Manufacturing, Inc. makes kitchen appliance replacement parts. In May, Quincy produced 2000 units. Costs incurred were as follows:
Given this data, the total Prime Cost for the units produced in the month of May was:

Question

Quincy Manufacturing, Inc. makes kitchen appliance replacement parts. In May, Quincy produced 2000 units. Costs incurred were as follows:
 Given this data, the total Prime Cost for the units produced in the month of May was:

Quizplus · Accepted Answer

Prime costs include Direct Materials and Direct Labor:
($10 + $60) × 2,000 units = $140,000