Use the information below to answer this question: Raw materials Jan.5,000Raw materials Dec.5,800Purchase of raw materials45,000Salary61,000Factory lubrican...
Use the information below to answer this question:
Raw materials Jan.5,000Raw materials Dec.5,800Purchase of raw materials45,000Salary61,000Factory lubricant2,050plant depreciation1,300Factory insurance1,250
The prime cost for the company is
Answer Details
The prime cost are direct cost,direct material cost, direct labour cost and direct expenses.