iCMA 43 Identify from the list below the correct definition of manufacturing cost

| September 1, 2016

Question
iCMA 43
Identify from the list below the correct definition of manufacturing cost.

Select one:
Direct materials + Direct expenses + Direct labour expenses
The cost of finished goods produced + Opening inventory of work-in-progress – Closing inventory of work-in-progress

Prime cost + Raw materials used in production

Prime cost + Total indirect manufacturing cost

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