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Which of the following is TRUE concerning prime costs?

ashly138

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Which of the following is TRUE concerning prime costs?

Which of the following is TRUE concerning prime costs?
A) Prime costs are direct manufacturing costs.
B) They include indirect manufacturing labour.
C) They equal the sum of direct manufacturing costs plus conversion costs.
D) They equal the sum of fixed manufacturing costs plus conversion costs.
E) They are indirect manufacturing costs.

Textbook

Cost Accounting: A Managerial Emphasis, Canadian Edition

Cost Accounting: A Managerial Emphasis, Canadian Edition

Edition: 7^th

Authors: Horngren, Datar, Rajan, Beaubien

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