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Earn +20 ptsQ: Prime cost and conversion cost
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What is the common element between prime cost and conversion cost?
Direct Labor.
Prime cost and conversion cost share what common element of total cost?
direct labor
What are prime cost?
Prime Costs: Prime costs are those costs which are prime importance for making any product and include: Prime Cost = Direct Material + Direct Labor
Refers to the cost of procuring prime mission equipment?
weapon system cost.
A word with prime?
contract, cost, lens, meridian, minister, mover, rate, rib, time, vertical
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