menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Business Accounting and Finance
  4. Exam
    Exam 11: Costing: Overview and Basic Techniques
  5. Question
    Which One of the Following Statements Describes Prime Cost? Prime
Solved

Which One of the Following Statements Describes Prime Cost? Prime

Question 11

Question 11

Multiple Choice

Which one of the following statements describes prime cost? Prime cost is the total of:


A) Direct and indirect production costs.
B) Direct materials, direct labour and expenses.
C) Production overheads.
D) The total of indirect costs.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q5: Which one of the following statements about

Q6: Slinn & Beazley Limited produces computer-controlled knitting

Q7: Which one of the following statements describes

Q8: Weston Pemberley Limited manufactures coffee machines under

Q9: Prade Enterprises Limited produces handbags.It incurs the

Q10: Which one of the following statements is

Q12: Spokane & Wildebeeste Limited is a clothing

Q13: Gallifrey Components Limited produces a stylish reclining

Q14: Breech & Watkin Limited produces custom-built summerhouses.Each

Q15: Peasnell & Peabody Limited use a standard

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines