What is the prime cost for williams company

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Problem 1: Williams Company's direct labour cost is 25% of its conversion cost. If the manufacturing overhead cost for the last period is $45,000 and the direct materials cost is $25,000, what is the prime cost?

Multiple Choice

1) $15,000
2) $40,000
3) $20,000
4) $60,000

Reference no: EM132999386

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