Prime costs are the same as:
A) Manufacturing overhead costs
B) Indirect labor costs
C) Direct labor and direct materials used
D) Direct labor and direct materials purchased

Name: Prime costs are the same as: A) Manufacturing overhead costs B) Indirect labor costs C) Direct labor and direct materials used D) Direct labor and direct materials purchased
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Prime costs consist of direct labor and direct materials used in the production of a product, excluding indirect costs such as manufacturing overhead.

Prime Costs Are the Same As