Question 22

Which of the following expenses constitutes prime cost?
I. Direct labour cost II. Factory overheads III. Hiring of machine for production IV. Warehouse rent

  • A.I and II only
  • B.I and III only
  • C.I, II and III only
  • D.I,II and IV only
Objective

Question details

Exam body
WAEC
Subject
Accounts - principles of accounts
Year
2016
Question no.
#22
Type
Objective

More from this paper

See all Accounts - principles of accounts 2016 questions