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WASSCE
Prime cost is derived by adding
I. cost of raw materials consumed.
II. Indirect expenses III. direct labour
IV. factory expenses
V. work in progress
VI. direct expenses
I. cost of raw materials consumed.
II. Indirect expenses III. direct labour
IV. factory expenses
V. work in progress
VI. direct expenses
A.
I, II and IV only
B.
I, III and VI only
C.
IV, V and VI only
D.
II, III and V only
Answer: B
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