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