0
one has ' prime cost' in front of the word 'sum' and the other has the word 'provisional' in front of 'sum'
Wiki User
∙ 11y ago
Add your answer:
Earn +20 pts
What is the difference between prime cost and variable cost?
lina
How much does 2 dozen oranges cost in 2009?
The cost of 2 dozen oranges in 2009 varied between different vendors. On average, the cost was between $7 and $8.
What is prime cost sum?
A prime cost is the allowance that is usually measured by the cost consultant for the needed supplies at work. It is to be provided by the contractors or the suppliers.
Which are the different ways by which the cost can be analyzed?
which are the different ways by which the cost can be analysed
Is total cost different from overhead cost?
Overhead cost is part of total cost and not different from total cost as formula is as follows: Total cost = material cost + labor cost + overhead cost
Differntiate between prime cost and factory cost?
Prime cost is a subset of Factory cost. Prime cost consist of Direct material, Direct labour and Direct expenses. Factory cost = Prime cost + Production OH
What is the difference between prime cost and variable cost?
lina
What is the common element between prime cost and conversion cost?
Direct Labor.
How prime cost is different from conversion cost and Manufacturing Costs?
Prime cost basically is the cost of direct labor and cost of direct material; whereas conversion costs is Overhead cost and direct labor cost.
What is difference between sales and prime cost?
gross profit
What is the Difference between prime cost and overhead cost?
Prime cost is the cost of materials and labor involved in production of a commodity, excluding fixed costs. Overhead cost is the cost of on-going expenses, such as rent, utilities, and insurance. Overhead costs are one of the major factors in determining how a company charges for its service or product.
Differentiate between Prime and Conversion costs?
Prime costs is that cost which is prime for the manufacture of units of products while conversion cost is necessary to convert raw material into finished goods.
How much does a provisional license cost in the UK?
£50 :s
Difference between conversion cost and prime cost?
Prime cost is that cost component without which no production is possible while conversion cost is that cost which required to convert raw materials into finished goods like direct labor and overhead costs.
How much is a provisional license ticket?
The license violation is $211, the speeding violation is $211. The total cost of the provisional license ticket is $422.
What is the difference between prime cost and direct cost?
Prime cost is a way of measuring the total cost of the production inputs needed to create a given output. Likewise direct costs are directly linked to production but are more specific. For example, a direct cost would be direct labour, direct materials or direct expenses. Where as, prime cost is the total of all of those direct costs forming one prime cost.
Is variable overheads include in prime cost?
Direct labor and direct materials are the components of prime cost so no other cost is part of prime cost and hence variable overheads also not included in prime cost.
