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JAMB Accounting 2023 Objective — Question 5

Question 5 of 40 from the Joint Admissions and Matriculation Board (JAMB) Accounting 2023 Objective paper, with the correct answer and a full explanation.

The prime cost of a manufacturer does not contain a A.

A. Royalties
B. Wages
C. Materials Cost
D. OverheadCorrect

Explanation

The overhead is an indirect cost. The prime cost only includes direct costs.

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