PRODUCTION COST

Pronunciation (US):

(GB):

IPA (US):

 Dictionary entry overview: What does production cost mean? 

• PRODUCTION COST (noun)
  The noun PRODUCTION COST has 1 sense:

1. combined costs of raw material and labor incurred in producing goods

  Familiarity information: PRODUCTION COST used as a noun is very rare.

 Dictionary entry details 

• PRODUCTION COST (noun)

Sense 1

Meaning:

Combined costs of raw material and labor incurred in producing goods

Classified under:

Nouns denoting possession and transfer of possession

Hypernyms ("production cost" is a kind of...):

cost (the total spent for goods or services including money and time and labor)