WAEC Accounting 2014 Objective — Question 18
Question 18 of 50 from the West African Examinations Council (WAEC) Accounting 2014 Objective paper, with the correct answer and a full explanation.
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The sum of direct cost in a manufacturing account is
- A. production cost
- B. prime costCorrect
- C. total cost
- D. finance cost
Explanation
All direct costs in a manufacturing account (direct materials, direct labour, direct expenses) sum to the prime cost.
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