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Earn +20 ptsQ: What are prime cost?
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Prime cost and conversion cost share what common element of total cost?
direct labor
Refers to the cost of procuring prime mission equipment?
weapon system cost.
Prime cost and conversion cost?
Prime cost = direct materials + direct laborwhile conversion cost = direct labor + factory overhead( which includes indirect materials, indirect labor and other indirect costs
What is the common element between prime cost and conversion cost?
Direct Labor.
A word with prime?
contract, cost, lens, meridian, minister, mover, rate, rib, time, vertical
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