WAEC Accounting 2013 Objective — Question 41
Question 41 of 50 from the West African Examinations Council (WAEC) Accounting 2013 Objective paper, with the correct answer and a full explanation.
Advertisement
(Using the same information as Q40) The prime cost is
- A. GH¢64,500Correct
- B. GH¢64,000
- C. GH¢58,500
- D. GH¢52,500
Explanation
Prime cost = Cost of raw materials consumed + Direct labour = 52,500(approx)+12,000 = GH¢64,500.
Advertisement
Sign up free to unlock
- Score tracking
- Practice history
- Saved questions
- Progress dashboard
- Personalized sessions
- Weak-topic breakdown
…and/or go further with premium services and No Ads.