Business, Legal & Accounting Glossary
noun the actual cost of manufacturing goods before any mark-up is added to give profit (NoteThe factory gate price includes direct costs such as labour, raw materials and energy, and indirect costs such as interest on loans, plant maintenance or rent.) the actual cost of manufacturing goods before any mark-up is added to give profit
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This glossary post was last updated: 20th November, 2021 | 0 Views.