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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. Want to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit the webmaster's page for free fun content. |
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