Question
A company incurred direct material costs of Rs.100,000,
direct labour cost of Rs.68,000, variable overheads of Rs.24,000 and fixed overheads of Rs.1,50,000. What is the prime cost?Solution
Prime cost is the total of all direct costs including direct material, direct labour and direct expenses. Thus here, Prime cost = direct material + direct labour                                    = 1,00,000 + 68,000 = Rs.1,68,000
Which project in Bangladesh will receive the highest amount of funding from the World Bank's recent agreement?
Which Indian state launched India’s first supercapacitor manufacturing facility in collaboration with ISRO, and what is the facility’s projected dai...
Where was India’s first Open-Air Art Wall Museum inaugurated?
Faster Adoption and Manufacturing of (Hybrid &) Electric Vehicles in India (FAME India) is being implemented by ministry of ________?Â
What is the primary focus of the first Pey Jal Survekshan Awards scheduled for March 5, 2024?
Which fuel type will the Prototype Fast Breeder Reactor (PFBR) use?
Who has become the first male footballer to play 200 international matches?
Which prominent Indian musicians, who are part of the fusion band Shakti, won the Grammy Award in the Best Global Music Album category for their latest ...
Recently government announced that it has set a target to raise the share of natural gas in the energy mix to 15% by ____ ?
Which country had the largest investment share in Indian mutual funds during FY25?