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prime cost
prime cost
^{}
noun
that part of the cost of a
commodity
deriving from the labor and materials directly utilized in its manufacture.
Origin:
1710–20
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2014.
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Link To
prime cost
Collins
World English Dictionary
prime cost
—
n
Compare
overheads
Also called:
variable cost
the portion of the cost of a commodity that varies directly with the amount of it produced, principally comprising materials and labour
Collins English Dictionary  Complete & Unabridged 10th Edition
2009 © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009
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