Accounts (Principles of Accounts)Manufacturing accountsJAMB
Direct materials ₦150,000; direct labour ₦90,000; direct expenses ₦10,000; factory overheads ₦60,000. The prime cost is
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Answer: D. ₦250,000
Prime cost is the total of direct costs: 150,000 + 90,000 + 10,000 = ₦250,000.
An AdmitMe practice question, written for the JAMB syllabus. Not an official past question.