PRODUCTION COST
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)
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)
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