not sure just what the prime cost means, but the cost per frame is the sum of the cost of the wood and the cost of the labor:
18.75/15 + 13.50/65
Zoro Manufacturing Company manufacturers wooden picture frames. Each piece of wood yields 15 frames. Each piece of wood costs $18.75. The direct labor charge is $13.50 per hour. Sixty-five frames can be produced each hour. To the nearest tenth of a cent, what is the prime cost of manufacturing the picture frame?
2 answers
1.46
1 answer