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prime cost

This topic has 1 reply, 2 voices, and was last updated 9 years ago by mansoor.

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December 1, 2015 at 1:23 pm #286713
Anonymous
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what is prime cost?
December 1, 2015 at 1:49 pm #286721
mansoor
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prime costs r DIRECT costs of production. these include raw material and direct labor costs
prime costs do not include any indirect costs such as production overheads and general overheads
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