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what is primary cost category?
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Answer / suman
prime cost includes direct material , direct labour and
direct expences.
| Is This Answer Correct ? | 5 Yes | 1 No |
Answer / sivaram1968@gmail.com
direct material direct labour and direct expenses form
primary cost category
| Is This Answer Correct ? | 6 Yes | 3 No |
Answer / balamurugan
Opening stock + Purchase + inward expenses - Closing stock =
material consumed.
Prime cost = Material consumed + Direct labour + Direct
expenses.
| Is This Answer Correct ? | 3 Yes | 1 No |
Answer / yl pavan kumar
prime cost means including of all direct materials, material consumed, direct labour, direct expenses.
| Is This Answer Correct ? | 0 Yes | 0 No |
An importer import some goods @10,000 us dollar on cif basis following dollar rates avilable on the date of presentention of bill entry.(1) Rbi floor rate 46.35,(2) rate notify by CBE AND C under section 14(3)(a)(i)of custom act Rs.46.55 (3) Rate at which bank has reliased the payment from importer Rs.46.58, what will be assessable valu according to custom act?
We have bought a vehicle amounting and take a loan from bank and some part has been paid by Cash.
paid vendor to RS 15000 and incentives of RS.5000 and deducted Rs.3000 as penalty so finally paid to vendor is Rs.17000. please let me know the journal entry for this.
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