prime cost


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prime cost

n
(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

prime′ cost′


n.
that part of the cost of a commodity deriving from the labor and materials directly utilized in its manufacture.
[1710–20]
References in classic literature ?
Of course we can't afford to take these structures down under a bonus of five hundred per cent upon the prime cost of our lot and plaster.
Recently, Uzbekistan Airways was granted a right to sell air tickets for international flights below the prime cost.
And, by the way, a powerful vaccine from corruption, because the simplicity of administration will deprive the controller of the opportunity to decide on the prime cost, structure of expenditures, production technology and other issues to which the inspectors should not have any relation, the Head of State emphasized.
I guess if I were to add up my hotel bills and more importantly my food bills, the prime cost more than the bidding expense," Pangilinan said in jest to the delight of the audience.
TABLE 1: TRICARE Select and TRICARE Prime cost sharing for active-duty family members (2018) Category Select Group A Select Group B Prime Group A Prime Group B Annual Enrollment $0 $0 $0 $0 Annual Deductible E1-E4:$50/$100 E1-E4:$50/$100 $0 $0 E5 and above: E5 and above: $150/$300 $150/$300 Annual Catastrophic Cap $1,000 $1,000 $1,000 $1,000 Group A = "grandfathered" enrollees (initial military affiliation before Jan.
By that time we will receive more detailed information regarding planned and unplanned expenditures and prime cost.
The former CEO of Dekheila is accused of dropping fines owed by his private company to Dekheila, in which the state owned shares, selling Dekheila products to his company upon credit and for less than the prime cost, buying shares of his stumbling company at the expense of Dekheila, and other charges.
Moreover, the low prime cost of oil in Saudi Arabia allows working at such prices," Smirnov said.
The prime cost of the sales grew from 45 bln AMD to 49 bln AMD.
More than 30 groups of calculated indicators influence prime cost calculation.
Further operation of the plant will require additional supply of 502 million cubic meters of gas, while the prime cost of 1 kWh of such electricity would make 5.
In this regard, the prime cost of mining increases because of need of involvement of additional forces and means in process of development.