Direct Material = $ 10,000, Direct Labor = $ 15,000, Manufacturing Overhead = $ 5,000 Calculate...
Homework Answers
Answer: $ 25,000
(i.e. Direct Material + Direct Labor = $10,000+$15,000=$25,000)
Explanation:
Prime cost is the direct cost incurred in the process of manufacturing a product and typically includes the direct production cost of goods including the raw material and direct labor costs. Manufacturing overhead is not part of prime cost.
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Direct Material = $ 10,000, Direct Labor = $ 15,000,
Manufacturing Overhead = $ 5,000
Calculate...
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