Question

What is production cost??? rehab answer me​

Answer 1

Simple definition :

the amount of money which is required for production of particular product including cost of primary products , cost of machines etc..

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Detailed definition:

production cost is the sum of costs of all resources consumed in the process of making a product. The manufacturing cost is classified into three categories: direct materials cost, direct labor cost and manufacturing overhead. It is a factor in total delivery cost. It is also called manufacturing cost.

Answer 2

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°°° Explanation °°°

• Production costs refer to the costs a company incurs from manufacturing a product or providing a service that generates revenue for the company. Production costs can include a variety of expenses, such as labor, raw materials, consumable manufacturing supplies, and general overhead.