prime cost

noun

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

prime cost

noun

1. See overheads
   the portion of the cost of a commodity that varies directly with the amount of it produced, principally comprising materials and labour Also calledvariable cost Compare overheads

Word History and Origins

Origin of prime cost¹

First recorded in 1710–20

Example Sentences

Often and often have I got things under prime cost myself, only by helping a person on in his trade.

From Project Gutenberg

They have the great elements, fuel, freight capacity, and prime cost in their favor.

From Project Gutenberg

The prime cost and repairs are by no means so great when engines are duplicated, or two sets built from the same patterns.

From Project Gutenberg

So they had a sale at prime cost—and we then obtained most wonderful bargains in the confectionary line.

From Project Gutenberg

A very moderate price was charged for each, only indeed the prime cost of production.

From Project Gutenberg