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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
Go
List of variables in Financial formulas
f
x
Direct Materials Cost
Go
f
x
Direct Labour Cost
Go
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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