Difference between revisions of "Prime costs"
(Created page with "Prime costs is all direct manufacturing costs. ==Definitions== According to Cost Accounting by Horngren, Datar, Rajan (14th edition), :Prime costs. All direct man...") |
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According to [[Cost Accounting by Horngren, Datar, Rajan (14th edition)]], | According to [[Cost Accounting by Horngren, Datar, Rajan (14th edition)]], | ||
:[[Prime costs]]. All direct manufacturing costs. | :[[Prime costs]]. All direct manufacturing costs. | ||
| + | According to [[Managerial Accounting by Braun, Tietz (5th edition)]], | ||
| + | :[[Prime costs]]. The combination of direct material and direct labor costs, 61 Principal, time value of money. | ||
[[Category: Accounting]][[Category:Articles]] | [[Category: Accounting]][[Category:Articles]] | ||
Latest revision as of 13:29, 15 July 2020
Prime costs is all direct manufacturing costs.
Definitions
According to Cost Accounting by Horngren, Datar, Rajan (14th edition),
- Prime costs. All direct manufacturing costs.
According to Managerial Accounting by Braun, Tietz (5th edition),
- Prime costs. The combination of direct material and direct labor costs, 61 Principal, time value of money.
