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Prime Cost in Financial Formulas
Prime Cost is the total of direct materials and direct labor costs used in production. And is denoted by C
Prime
.
Formulas to find Prime Cost in Financial
f
x
Prime Cost
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List of variables in Financial formulas
f
x
Direct Materials Cost
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f
x
Direct Labour Cost
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FAQ
What is the Prime Cost?
Prime Cost is the total of direct materials and direct labor costs used in production.
Can the Prime Cost be negative?
{YesorNo}, the Prime Cost, measured in {OutputVariableMeasurementName} {CanorCannot} be negative.
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