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Standard XI
Economics
Short Run Shutdown Condition
Aggregate of ...
Question
Aggregate of prime cost and Factory overhead is known as _____________.
A
Work on cost
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B
Work
cost
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C
Cost of production
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D
Direct
cost
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Solution
The correct option is
B
Work
cost
Direct Material
xxxx
Direct Labor
xxxx
Direct Expenses
xxxx
PRIME COST
XXXX
Factory overheads
xxxx
FACTORY COST/WORKS COST
XXXX
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