Question

  You are given the following information. What will be the total of the prime cost?

A 20000 Correct Answer Incorrect Answer
B 25000 Correct Answer Incorrect Answer
C 19000 Correct Answer Incorrect Answer
D 24000 Correct Answer Incorrect Answer
E 36000 Correct Answer Incorrect Answer

Solution

Direct Materials Consumed would be equal to Opening Stock + Purchases – Closing Stock Prime Cost = Direct Materials + Direct Labour + Direct Expenses

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