labor costs

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Definition of labor costs in English English dictionary

labor cost
(Ticaret) The portion of a manufactured item's standard or actual cost attributed to the usage of direct labor, as specified by the hours consumed times the pay rate per hour
labor costs

    Hyphenation

    la·bor costs

    Turkish pronunciation

    leybır kôs

    Pronunciation

    /ˈlābər ˈkôs/ /ˈleɪbɜr ˈkɔːs/

    Etymology

    [ 'lA-b&r ] (noun.) 14th century. Middle English, from Middle French, from Latin labor; perhaps akin to Latin labare to totter, labi to slip; more at SLEEP.
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