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prime cost

    0.01 sec.
prime cost
n
(Economics, Accounting & Finance / Accounting & Book-keeping) the portion of the cost of a commodity that varies directly with the amount of it produced, principally comprising materials and labour Also called variable cost Compare overheads


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Real property tax payment will result in prime cost of goods and products and hikes of their price.
Manufacturers executed the orders on the principles of prime cost plus basis (materials plus wages and machining costs etc) plus ten per cent.
[ILLUSTRATION OMITTED] One thing is clear and troubling--restaurant and lodging revenues are decreasing, and their prime costs, like food, labor and energy, are increasing.
 
 
 
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