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labor cost

 
 
(′lā·bər ′köst)

(industrial engineering) That part of the cost of goods and services attributable to wages, especially for direct labor.


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Architecture: labor cost
 

On a construction project, the cost of all labor necessary to produce the construction required by the contract documents.


 
 

 

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Sci-Tech Dictionary. McGraw-Hill Dictionary of Scientific and Technical Terms. Copyright © 2003, 1994, 1989, 1984, 1978, 1976, 1974 by McGraw-Hill Companies, Inc. All rights reserved.  Read more
Architecture. McGraw-Hill Dictionary of Architecture and Construction. Copyright © 2003 by McGraw-Hill Companies, Inc. All rights reserved.  Read more

 

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