(industrial engineering) That part of the cost of goods and services attributable to wages, especially for direct labor.
| Sci-Tech Dictionary: labor cost |
(industrial engineering) That part of the cost of goods and services attributable to wages, especially for direct labor.
| 5min Related Video: labor cost |
| Architecture: labor cost |
On a construction project, the cost of all labor necessary to produce the construction required by the contract documents.
| Unit-Labor Cost (business term) | |
| Total Direct Labor Cost Variance (in accounting) | |
| Direct Labor (business term) |
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