factory gate price

Definitions

Accounting

• noun the actual cost of manufacturing goods before any mark up is added to give profit

Economics

• noun the price of a product bought directly from the manufacturer. The factory gate price includes direct costs such as labour, raw materials and energy, and overhead costs such as interest on loans, plant maintenance and rent.

Nearby Definitions of “factory gate price”

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Contexts for “factory gate price”

2 definitions in context
• Accounting
• Economics