7) Information from the records of the Abel Corporation for July 2018 was as follows: Sales...

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7) Information from the records of the Abel Corporation for July 2018 was as follows: Sales $ 1,230,000 Selling and administr

The prime costs are: a) $ 210,000. b) $ 264,000 c) $ 300,000 d) $ 564,000

business accounting

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Answer 1

Answer #1

Prime costs = Direct material cost + Direct labor cost

= $264000+300000

= $564000

Option d. is correct answer.

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Answer 2

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