actual cost

American  

noun

1. the cost of a product based on incurred costs of material and labor required in its production.

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Example Sentences

Bonta’s office said that prior to the imposition of the new fee, employers could expect to pay between $960 and $7,595 in “regulatory and statutory fees” per H-1B visa, based on the actual cost to the government of processing the request and document, as intended by Congress.

From Los Angeles Times

“We now allow for Suncorp to overrun its 1H hazards allowance even though we allow for its actual cost to be below its allowance for the remainder of the year as dropdowns etc kick in,” Citi says.

From The Wall Street Journal

With that in mind, your actual cost depends a lot on your health, smoking status, and other underwriting factors.

From MarketWatch

As the donations are coming from a combination of well-heeled individuals and well-heeled companies, the actual cost is going to be somewhere in between.

From MarketWatch

But states still have leeway to use conservative assumptions, and rates often lag behind actual cost trends when budgets are tight.

From The Wall Street Journal