From the following calculate Prime Cost:
Materials Purchased * 10,000; Materials consumed * 8,000; Materials returned to store 2000
Direct wages 5,000; Direct expenses 7,000; Foreman's salary * 5,000.
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material purchased 10,000
+ material used 8,000
+ direct wages 5000
+ direct expenses 7000
+ foreman's salary 5000
- materials return to store 2000
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