Asked by Arthur Brooks on Jun 30, 2024

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The following costs were incurred in May: The following costs were incurred in May:   Prime costs during the month totaled: A) $36,000 B) $119,000 C) $69,000 D) $46,000 Prime costs during the month totaled:

A) $36,000
B) $119,000
C) $69,000
D) $46,000

Costs Incurred

Expenses that a company has recognized or realized, typically related to the operations, production, or projects undertaken.

  • Calculate direct costs and prime costs in manufacturing and service departments.
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ZK
Zybrea KnightJul 05, 2024
Final Answer :
D
Explanation :
Prime cost = Direct materials + Direct labor
= $33,000 + $13,000 = $46,000