What product cost is both a prime cost and a conversion cost? Direct labor cost: The labor cost which is directly concerned with hands-on production is called direct labor cost. In simple words, the direct labor cost is the labor cost incurred on the workers who produce goods and services.

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Chapter 18, Problem 7DQ

To determine

What product cost is both a prime cost and a conversion cost?

Direct labor cost:

The labor cost which is directly concerned with hands-on production is called direct labor cost. In simple words, the direct labor cost is the labor cost incurred on the workers who produce goods and services.

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