Can you answer this FAR question? If not, sit for FAR now!

Prime Costs

Prime Costs

Prime costs are direct materials and direct labor.

Prime costs are a product cost. Direct materials are the materials used to make a product and direct labor is the salaries of the people who physically make the product.

There is currently no content classified with this term.

Get instant access to step-by-step instructions on how to apply and sit for the CPA Exam.