Percentage of direct material cost b. Percentage of labor hour cost c. Percentage of Prime cost
Atlas Cycle Manufacturing Company furnished the following information of the total expenditure incurred in the month material used OMR 45,500; Wages paid for the laboursOMR 42,400 for the hours worked 25,000. The machine is in operation for 35,000 hours in which 5,000 hours was lost due to repairs and maintenance and Total
a. Percentage of direct material cost
b. Percentage of labor hour cost
c. Percentage of Prime cost
d. Direct labor hour rate
e. Machine hour rate
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