what is primary cost category?

Answer Posted / 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



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

I have a doubt in tally,if a customer purchase our product on cash or sometimes credit,under which head i need to make the customer ledger.?

1285


in our co we are sales of good to branch in order sales+fright, branch made jv entry in own book as full amount debit and credit. now our book show sales without freight but branch shows including freight that why differences is arise due to wrong entry passes pls clarify this entry and this entry is done last year book now balance is finalize.

1498


in tally ,professional fees head will come under which income group ,direct or indirect if the business of owner is designing work or related to creativity

4983


'Talk me through an example of how you have used data to improve your teams productivity.'

2040


in terms of accounting the trial balance when is it taken?

616






Why some asset accounts have a credit balance?

641


What is the logic behind this entry P & L Appropriation A/c ..........Dr. To Provision for income tax A/c

1746


A COMPANY IS SERVICE PROVIDE TO B CO. 100,000 AND CHARGED STAX 10000 TOTAL BILL RAISED 110000 AND RECIEVED 30% FROM B IN DECEMBER AND 40% RECIEVED IN 10JAN2011, BALANCE 40% RECD IN 10 FEB2011 WHAT WILL BE GENERATED ACCORDING ACCOUNTING PRENCIPLE OF BOTH SIDE (MEAN A &B) WITH REVANUE& PROVISION PLEASE TELL ME

1385


Assigning natural account to accounting seg. What will happen

1599


What are the different types of gst?

628


What would greater impact a firms valuation, a 10% reduction in revenues or 1% reduction in discount rate?

7802


Explain what are the accounting events that are frequently involved in compound entries?

651


What is difference vat

1652


What is difference between Cash Flow and fund flow

1600


What are the four classifications of bad and doubtful debts as per the context of the bank?

690