[Answered] Describe how to calculate the total manufacturing cost of a ...

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azncindy619

Hero Member
Posts: 562

on: Jun 24, 2018

Describe how to calculate the total manufacturing cost of a product.

Question 2

What are the three kinds of factory costs?

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mbcrismon

Sr. Member
Posts: 328

Reply #1 on: Jun 24, 2018

Answer to Question 1

Calculate the prime cost by adding the cost of the raw materials to the cost of direct labor. The total manufacturing cost is the prime cost plus factory overhead.

Answer to Question 2

raw materials, direct labor costs, factory overhead

azncindy619

Hero Member
Posts: 562

Reply #2 on: Jun 24, 2018

Correct answers!

mbcrismon

Sr. Member
Posts: 328

Reply #3 on: Jun 24, 2018

Great! Please up vote

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