Question

what is prime cost?​

Answer 1

Answer:

Prime costs are a firm's expenses directly related to the materials and labor used in production. It refers to a manufactured product's costs, which are calculated to ensure the best profit margin for a company. ... Direct costs do not include indirect expenses, such as advertising and administrative costs.

Explanation:

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Answer 2

Answer:

Prime costs are a firm's expenses directly related to the materials and labor used in production. It refers to a manufactured product's costs, which are calculated to ensure the best profit margin for a company. ... Direct costs do not include indirect expenses, such as advertising and administrative costs

Explanation:

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