answersLogoWhite

0

What is definition of prime cost?

User Avatar

Anonymous

12y ago
Updated: 8/20/2019

The prime cost of a product is the direct cost which includes the materials and labor needed. This does not include the fixed costs attached to the material.

User Avatar

Wiki User

12y ago

What else can I help you with?

Related Questions

What square numbers are there before 100 which are prime numbers?

A square number, by definition, cannot be a prime so the answer is there are no such numbers.A square number, by definition, cannot be a prime so the answer is there are no such numbers.A square number, by definition, cannot be a prime so the answer is there are no such numbers.A square number, by definition, cannot be a prime so the answer is there are no such numbers.


What is the twin prime of 107?

What is a prime definition


Can prime numbers be prime?

Yes, by definition.


Why is 67 a prime number?

Look at the definition of a prime number. A prime number has no factors, other than 1, or itself.Look at the definition of a prime number. A prime number has no factors, other than 1, or itself.Look at the definition of a prime number. A prime number has no factors, other than 1, or itself.Look at the definition of a prime number. A prime number has no factors, other than 1, or itself.


What is the definition of Historical Cost?

what is the definition of historical 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


Why is 1 not considered as a prime number?

1 was considered as a prime but now the definition changed. Now the definition was that a prime is divisible only by 1 and itself


Are all prime numbers really prime?

Yes, by definition.


Is 49.5 prime?

No. By definition prime number has to be a positive integer.


Is the product of prime numbers cannot be a prime?

No. By definition, the product has a proper factor - the prime.


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.


Is 102 068 001 a prime number?

102,068,001 = 3 x 3,4022,667But definition it is not a prime number.