Q33 – Given direct material as N600,000; direct labour as N500,000; and indirect materials as N400,000; what is the prime cost?

Given direct material as N600,000; direct labour as N500,000; and indirect materials as N400,000; what is the prime cost?
N1,500,000
N1,100,000
N1,000,000
N900,000

 

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