The prime cost is?

By: |Published on: Apr 23|Categories: Accounting WAEC| 0 comments

Use the following information to answer the question below

Cost of raw materials available—— 32,000
Manufacturing wages —–10,000
Factory expenses—–5,000
Royalty——-3,000
Factory rent ——2,000
Depreciation of plant and machinery—- 5,000
closing stock of raw materials——– 3,000

 

A. $ 57,000
B. $45,000
C. $42,000
D. $39,000

Correct Answer:

Option C = $42,000

Users Also Read These:

SEE ALSO  The method that provides a reliable check upon cash and stock at the branch and discloses the gross profit in the account is?

Copyright warnings! Do not copy.