prime cost

that part of the cost of a commodity deriving from the labor and materials directly utilized in its manufacture.

1710–20 Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2014.
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World English Dictionary
prime cost
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
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