Meaning prime cost
What does prime cost mean? Here you find 4 meanings of the word prime cost. You can also add a definition of prime cost yourself

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prime cost


In manufacturing, etc., the cost of direct materials and labour required to make a product.
Source: businessballs.com

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prime cost


Definition A business cost that is determined as the cost of a company's direct labor for product production plus the cost of the direct materials that are required to produce these items.
Source: investorwords.com

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prime cost


In the Marine Insurance Act, refers to the invoice price at the port of loading
Source: cbmu.com

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prime cost


   Labor cost plus product cost.   Private Label
Source: nacsonline.com





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