Usually means: Direct materials and direct labor.
Definitions Related words Mentions
We found 13 dictionaries that define the word prime cost:

General (10 matching dictionaries)
  1. prime cost: Merriam-Webster
  2. prime cost: Oxford Learner's Dictionaries
  3. prime cost: Collins English Dictionary
  4. prime cost: Wiktionary
  5. prime cost: Infoplease Dictionary
  6. prime cost: Dictionary.com
  7. Prime cost: Wikipedia, the Free Encyclopedia
  8. prime cost: TheFreeDictionary.com

Business (3 matching dictionaries)
  1. Accounting, Business Studies and Economics Dictionary (No longer online)
  2. BusinessDictionary.com (No longer online)
  3. PRIME COST: Accounting Glossary

Definitions from Wiktionary (prime cost)

noun:  The cost of production, without regard to profit.

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