What is the meaning of PRIME COST?

Equal to the sum of DIRECT MATERIAL plus DIRECT LABOR.

Barry Goldsmith
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APABarry Goldsmith. (2010). prime cost. Retrieved September 20, 2026, from http://smartdefine.org/prime_cost/definitions/1161115
ChicagoBarry Goldsmith. 2010. "prime cost" http://smartdefine.org/prime_cost/definitions/1161115 (accessed September 20, 2026).
HarvardBarry Goldsmith 2010, prime cost, Smart Define, viewed 20 September, 2026, <http://smartdefine.org/prime_cost/definitions/1161115>.
MLABarry Goldsmith. "prime cost" 21 October 2010. Web. 20 September 2026. <http://smartdefine.org/prime_cost/definitions/1161115>