CS Foundation Question

What Are Prime Cost?

Jenny
24 दिसम्बर
4041 दृश्य
4 उत्तर

Your Answer

Shreya
15 दिसम्बर

Prime cost refers to a manufactured product's costs, which are calculated to ensure the best profit margin for a company. The prime cost calculates the use of raw materials and direct labor, but does not factor in indirect manufacturing expenses such as the cost for a company logo or gas used to deliver the product.