The following costs were incurred in September: Prime costs during the month totaled:

Question

The following costs were incurred in September:  Prime costs during the month totaled:

Quizplus · Accepted Answer

The question only gives us the costs incurred in September, but it does not specify whether all of those costs are prime costs. Prime costs are the sum of direct materials and direct labor costs. Therefore, we cannot use the information given to calculate the prime costs. We can only conclude that the total costs incurred in September were $62,000.

The Following Costs Were Incurred in September: Prime Costs