Formula for prime cost = direct material + direct labor
Formula for Prime Cost = Material Cost + Labor Cost
Formula for prime cost is as follows: prime cost = direct material + direct labor So according to above mention formula yes it is prime cost because whitout labor no unit of product can be manufactured.
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.
yes it is part of the prime cost
No
Formula for Prime Cost = Material Cost + Labor Cost
Formula for prime cost is as follows: prime cost = direct material + direct labor So according to above mention formula yes it is prime cost because whitout labor no unit of product can be manufactured.
Formula for prime cost = direct material + direct laborFormula for conversion cost = direct labor + manufacturing overheads
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
There is no formula for prime numbers. They form a random sequence.
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.
cost of production formula
yes it is part of the prime cost
Sales minus Prime cost = Prime Margines. Direct material and direct labor are often referred to as prime cost.
There is a proof that there is no such formula for generating all the prime numbers. Best, TSA
No
formula for carrying cost?