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    Finance : Prime Cost

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    A machine operator stamps labels on sheets of metal that are later made into cans. Each sheet can make 118 cans. The cost per sheet of metal is $10.60. The operator is paid $9.40 per hour and labels 120 sheets per hour. What is the prime cost of labeling 1 can?
    a.$.0905 b.$.01 c.$.0105 d.$.011 e.not given

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    Solution. Since the operator is paid $9.40 per hour and labels 120 sheets per hour, also ...

    Solution Summary

    The prime cost of labeling a can product is determined.

    $2.49

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