Direct material cost refer to: cost of the raw materials used to produce goods and directly become part of the goods manufactured O cost of material and labour involved in the manufacture of products O indirect costs needed in the production of goods O cost of converting raw materials into finished goods

Direct material cost refer to: cost of the raw materials used to produce goods and directly become part of the goods manufactured O cost of material and labour involved in the manufacture of products O indirect costs needed in the production of goods O cost of converting raw materials into finished goods

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter2: Building Blocks Of Managerial Accounting

Section: Chapter Questions

Problem 13MC: Which of the following are prime costs? A. indirect materials, indirect labor, and direct labor B....

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