True/False
Prime costs include direct materials,direct labor,and manufacturing overhead.Taken together,direct materials and direct labor are referred to as prime cost.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q10: Which of the following types of organizations
Q17: Prime costs are defined as<br>A)Manufacturing costs plus
Q19: Robin Company has the following balances for
Q24: Out-of-pocket costs involve an actual outlay of
Q25: Investors,creditors and regulators are the primary users
Q26: An actual outlay of cash is a(n):<br>A)out-of-pocket
Q49: A cost object is:<br>A)an item for which
Q90: You are to receive five gold coins
Q93: For a cost to be relevant,it must
Q112: GAAP reporting rules require that all manufacturing