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The following costs are included in a recent summary of data for a company: advertising expense $99,000; depreciation expense - factory building $147,000; direct labor $264,000; direct material used $314,000; factory utilities $119,000; and sales salaries expense $164,000. Determine the dollar amount of prime costs.

a) $1,107,000

b) $266,000

c) $530,000

d) $578,000

e) $263,000

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M952394

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