All direct costs combined are known as?

6. All direct costs combined are known as?

  1. Direct Costs
  2. Prime Costs
  3. Works Cost
  4. Cost of production

Answer: B) Prime Costs

Explanation:

A prime expense is the absolute immediate expenses of creation, including unrefined components and work. Circuitous expenses, like utilities, director compensations, and conveyance costs, are excluded from prime expenses.

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