this is my answer
the prime cost = (18.6 + 22.4) + 14.8 = 55.8
the production cost of the product – i don’t know how to calculate it.
= 55.8 x 15,000 + 60,000 = 897,000
the total cost of the product
= 897,000 + 24,000 = 921,000
Could you explain to me please with a numerical example, please?