Krimton Corporation's manufacturing costs last year consisted of $150,000 of direct materials, $200,000 of direct labor, $40,000 of variable manufacturing overhead, and $25,000 of fixed manufacturing overhead. Prime cost was:

Question

Quizplus · Accepted Answer

Prime cost is the sum of direct materials and direct labor, which is $150,000 + $200,000 = $350,000.

Krimton Corporation's Manufacturing Costs Last Year Consisted of $150,000 of Direct