A. production cost
B. prime cost
C. total cost
D. finance cost
Correct Answer: Option B
B. prime cost
Explanation
Prime cost is the direct cost of a commodity in terms of the materials and labour involved in its production, excluding fixed costs.
300 Level Department of Social Science And Humanities exam questions and detailed answers. Download the answers…
300 Level Department of Social Science And Humanities exam questions and detailed answers. Download the answers…
300 Level Department of Social Science And Humanities exam questions and detailed answers. Download the answers…
300 Level Department of Social Science And Humanities exam questions and detailed answers. Download the answers…
300 Level Department of Social Science And Humanities exam questions and detailed answers. Download the answers…
300 Level Department of Social Science And Humanities exam questions and detailed answers. Download the answers…