production cost production cost

Definition(s):

  • (n) combined costs of raw material and labor incurred in producing goods

Usage(s):

  1. The total production cost came to $6,000no more than a similar live dramatic telecast would cost.
  2. Ergo either production cost or sales cost must be reduced.
  3. Average picture-production cost is about $15,000.

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/ˈkɜr sə ri /