What would be Prime cost from below information? Direct materials Purchased :75,000Direct labour :45,000Direct expenses :15,000Manufacturing…
CA Intermediate · Cost and Management Accounting · MTP · May 2024
What would be Prime cost from below information? Direct materials Purchased :75,000Direct labour :45,000Direct expenses :15,000Manufacturing overheads :22,500Direct materials consumed :67,500
Suggested Answer and Working Notes:
Correct Answer: Option (B)
₹ 1,27,500
Topics: Overheads - Absorption Costing Method, Cost Sheet
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