production cost
Making something's price
Production cost is the total expense of making something—the sum of materials, labor, and overhead required to manufacture a product or deliver a service.
In film and television, production costs cover everything from sets and crew to equipment and talent: The production costs for the series exceeded fifty million dollars.
Businesses track production costs to set prices and measure profitability.
- energy consumptionRate of power use
- raw materialsUnprocessed production inputs
- factory floorManufacturing workspace area
- labor costsPayment for work performed
- rentPayment for temporary use
job costing · economies of scale · shipping costs · utilities · overhead expenses · insurance premiums · expenditure · machinery maintenance · marketing expenses · resource allocation · storage fees · legal fees · bottom dollar · unit · output · wholesale · budget · workforce
- box officebox office, gross, worldwide gross, opening weekend, ticket sales
- costsoverhead
- entertainment businessrecording contract, movie deal, book deal, development deal, talent deal
- economicssupply and demand, inflation, GDP, GNP, gross domestic product
- manufacturingfactories, factory, car factory, assembly plants, electronics factory
production costsales revenue
Income from selling products
gross revenue · income · proceeds · earnings · returns
production costretail price
Consumer purchase amount
selling price · sale price · market price · list price · asking price
production costprofit
Gain exceeding expenditure
gross profit · net profit · profit margin · markup · surplus