Mathematics · Cost Accounting - Prime Cost Calculation
Calculate the Prime Cost from the following financial data: Direct material purchased: Rs. 1,00,000 Direct material consumed: Rs. 90,000 Direct labour: Rs. 60,000 Direct expenses: Rs. 20,000 Manufacturing overheads: Rs. 30,000
- 1Rs. 2,10,000
- 2Rs. 1,70,000✓
- 3Rs. 2,00,000
- 4Rs. 1,80,000
Correct answer
Rs. 1,70,000
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