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
Collins English Dictionary – Complete and Unabridged, 12th Edition 2014 © HarperCollins Publishers 1991, 1994, 1998, 2000, 2003, 2006, 2007, 2009, 2011, 2014

prime′ cost′


n.
that part of the cost of a commodity deriving from the labor and materials directly utilized in its manufacture.
[1710–20]
Random House Kernerman Webster's College Dictionary, © 2010 K Dictionaries Ltd. Copyright 2005, 1997, 1991 by Random House, Inc. All rights reserved.
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.
Now its cost varies from 4.5 to 5 soms ($ 0.07) per kilogram, which is lower than its prime cost.
Most of the funding goes to utility and transport companies due to historically low tariffs, which do not cover the prime cost of services provided.
"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.
Further researches were devoted to decrease in prime cost of the water freshened with MVC use.
"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.
cost function (minimal prime cost, minimal manufacturing time, minimal resources, etc.) For the next step AOC routines in real time scale with algorithm below realization: