JAMB Accounting 2011 Objective — Question 26
Question 26 of 49 from the Joint Admissions and Matriculation Board (JAMB) Accounting 2011 Objective paper, with the correct answer and a full explanation.
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The cost that are directly traceable to the goods being produced is
- A. A. partly manufactured goods
- B. B. overhead cost
- C. C. total factory expenses
- D. D. prime costCorrect
Explanation
Prime cost is the cost of all direct expenses traceable to the goods being produced.
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