Accountancy, asked by phallenayana28, 6 months ago

formula of prime cost

Answers

Answered by Anonymous

3

Answer:

Now let's circle back to our prime cost formula: Cost of Goods Sold (CoGS) + Total Labor Cost = Prime Cost.

Answered by vernikaarora85

1

Answer:

Prime cost = direct materials cost + direct labor cost

The formula of prime cost is just a sum of all the cost of production incurred directly in regards to the manufacture of goods.

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