prime cost
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noun
that part of the cost of a commodity deriving from the labor and materials directly utilized in its manufacture.
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Origin of prime cost
First recorded in 1710–20
Words nearby prime cost
primateship, primatology, primavera, primaveral, prime, prime cost, prime field, prime focus, prime ideal, prime interest rate, primely
Dictionary.com Unabridged
Based on the Random House Unabridged Dictionary, © Random House, Inc. 2021
Example sentences from the Web for prime cost
British Dictionary definitions for prime cost
prime cost
noun
the portion of the cost of a commodity that varies directly with the amount of it produced, principally comprising materials and labourAlso called: variable cost Compare overheads
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition
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