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labor cost

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labor cost [′lā·bər ‚kȯst]
(industrial engineering)
That part of the cost of goods and services attributable to wages, especially for direct labor.

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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Because of the nature of storage units, there is also very little maintenance costs or labor costs associated with the property.
The hospital official cited several reasons for operating losses, including increased labor costs and Medicare reimbursements that do not take into account the increased labor costs since the hurricane.
Consider the following data Percent of "corporate memory" that exists on paper 90 Average number of times a document is copied 19 Average per-page storage cost 25 cents Labor cost to file one document $20 Labor cost to find one document $120 Labor cost to reproduce one lost document $250 Percent of documents misfiled daily 2 to 4 Percent of documents lost daily 7.
 
 
 
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