{"id":45646,"date":"2024-04-15T22:00:59","date_gmt":"2024-04-15T22:00:59","guid":{"rendered":"https:\/\/exam.pscnotes.com\/mcq\/?p=45646"},"modified":"2024-04-15T22:00:59","modified_gmt":"2024-04-15T22:00:59","slug":"consider-the-data-below-and-answer-the-questions-based-on-it-factory-expenses-rs-30000-administrative-expenses-rs-20000-labour-cost-rs-25000-materials-rs-35000-selling-expenses-rs-1000","status":"publish","type":"post","link":"https:\/\/exam.pscnotes.com\/mcq\/consider-the-data-below-and-answer-the-questions-based-on-it-factory-expenses-rs-30000-administrative-expenses-rs-20000-labour-cost-rs-25000-materials-rs-35000-selling-expenses-rs-1000\/","title":{"rendered":"Consider the data below and answer the questions based on it. Factory Expenses = Rs. 30000 Administrative Expenses = Rs. 20000 Labour Cost = Rs. 25000 Materials = Rs. 35000 Selling Expenses = Rs. 10000 Ascertain the prime cost with the help of the given cost data."},"content":{"rendered":"<p>[amp_mcq option1=&#8221;Rs. 50000&#8243; option2=&#8221;Rs. 60000&#8243; option3=&#8221;Rs. 70000&#8243; option4=&#8221;Rs. 80000 E. Rs. 90000&#8243; correct=&#8221;option3&#8243;]<!--more--><\/p>\n<p>The correct answer is: <strong>C. Rs. 70000<\/strong><\/p>\n<p>Prime cost is the direct cost of producing a product. It includes the cost of materials and labor used in production. In this case, the prime cost is Rs. 70000, which is calculated as follows:<\/p>\n<p>Prime cost = Materials + Labour cost<br \/>\n= Rs. 35000 + Rs. 25000<br \/>\n= Rs. 70000<\/p>\n<p>The other options are incorrect because they do not include the cost of materials.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>[amp_mcq option1=&#8221;Rs. 50000&#8243; option2=&#8221;Rs. 60000&#8243; option3=&#8221;Rs. 70000&#8243; option4=&#8221;Rs. 80000 E. Rs. 90000&#8243; correct=&#8221;option3&#8243;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[952],"tags":[],"class_list":["post-45646","post","type-post","status-publish","format-standard","hentry","category-costing","no-featured-image-padding"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.2 (Yoast SEO v23.3) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Consider the data below and answer the questions based on it. Factory Expenses = Rs. 30000 Administrative Expenses = Rs. 20000 Labour Cost = Rs. 25000 Materials = Rs. 35000 Selling Expenses = Rs. 10000 Ascertain the prime cost with the help of the given cost data.<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/exam.pscnotes.com\/mcq\/consider-the-data-below-and-answer-the-questions-based-on-it-factory-expenses-rs-30000-administrative-expenses-rs-20000-labour-cost-rs-25000-materials-rs-35000-selling-expenses-rs-1000\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Consider the data below and answer the questions based on it. Factory Expenses = Rs. 30000 Administrative Expenses = Rs. 20000 Labour Cost = Rs. 25000 Materials = Rs. 35000 Selling Expenses = Rs. 10000 Ascertain the prime cost with the help of the given cost data.\" \/>\n<meta property=\"og:description\" content=\"[amp_mcq option1=&#8221;Rs. 50000&#8243; option2=&#8221;Rs. 60000&#8243; option3=&#8221;Rs. 70000&#8243; option4=&#8221;Rs. 80000 E. 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Factory Expenses = Rs. 30000 Administrative Expenses = Rs. 20000 Labour Cost = Rs. 25000 Materials = Rs. 35000 Selling Expenses = Rs. 10000 Ascertain the prime cost with the help of the given cost data.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/exam.pscnotes.com\/mcq\/consider-the-data-below-and-answer-the-questions-based-on-it-factory-expenses-rs-30000-administrative-expenses-rs-20000-labour-cost-rs-25000-materials-rs-35000-selling-expenses-rs-1000\/","og_locale":"en_US","og_type":"article","og_title":"Consider the data below and answer the questions based on it. Factory Expenses = Rs. 30000 Administrative Expenses = Rs. 20000 Labour Cost = Rs. 25000 Materials = Rs. 35000 Selling Expenses = Rs. 10000 Ascertain the prime cost with the help of the given cost data.","og_description":"[amp_mcq option1=&#8221;Rs. 50000&#8243; option2=&#8221;Rs. 60000&#8243; option3=&#8221;Rs. 70000&#8243; option4=&#8221;Rs. 80000 E. 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