actual cost


noun

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

Nearby words

  1. actt,
  2. actu,
  3. actual,
  4. actual bodily harm,
  5. actual cautery,
  6. actual sin,
  7. actualism,
  8. actuality,
  9. actualité,
  10. actualization

Compare standard cost.

Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2019