Vidyalelo
Commerce · Q255

Costing

Graduate and Post Graduate · Commerce · question 255

Q255

A company calculates the prices of jobs by adding overheads to the prime cost and adding 30% to total costs as a profit margin. Job number Y256 was sold for Rs1690 and incurred overheads of Rs 694. What was the prime cost of the job?

A.
Rs 489
Answer
B.
Rs 606
C.
Rs 996
D.
Rs 1300

Answer: Option A

Solution

Answer: Option A
No explanation is given for this question Let's Discuss on Board