Direct labor and direct materials are the two main components of prime cost. Another component of prime cost is direct expense.
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Refers to cost advantages that established firms in a particular industry have, and which new entrants cannot duplicate. Common examples are government subsidies, access to raw materialls, proprietary technology, and prime real estate locations.
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Prime Factorizaton of 51The prime factorization of 51 is:3 X 17Both numbers are prime, so 3 X 17 is the prime factorization of 51.