Management of Mcentire Corporation has asked your help as an intern in preparing some key reports for April. Direct materials cost was $64,000, direct labor cost was $47,000, and manufacturing overhead was $75,000. Selling expense was $15,000 and administrative expense was $44,000
-The prime cost for April was:
A)$59,000
B)$122,000
C)$100,000
D)$111,000

Question

Quizplus · Accepted Answer

Prime cost = Direct materials + Direct labor
= $64,000 + $47,000
= $111,000

Management of Mcentire Corporation Has Asked Your Help as an Intern