Which element of total cost is common in prime cost and conversion cost —

CS Executive · Cost and Management Accounting · PYQS · December 2014
Which element of total cost is common in prime cost and conversion cost —
(A) Variable overheads
(B) Fixed overheads
(C) Direct materials
(D) Direct labour.

Answer & Explanation:

Correct Answer: Option (D)

Correct answer: (D) Direct labour..

Topics: Cost Classification

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