Production Cost definition

Production Cost means the purchase price of raw materials, consumables and other costs directly attributable to the item in question. Member States shall permit or require the inclusion of a reasonable proportion of fixed or variable overhead costs indi­ rectly attributable to the item in question, to the extent that they relate to the period of production. Distribution costs shall not be included;

Production Cost means the purchase price of raw materials, consumables and other costs directly attributable to the item in question. A reasonable proportion of other costs indirectly attributable to the item in question may be included to the extent that they relate to the period of production. Distribution costs shall not be included;

Production Cost means Producer’s costs of manufacturing the Supplied Product, as determined and adjusted in accordance with Exhibit A, and as used to determine the Unit Production Cost.

Examples of Production Cost in a sentence

• A Low Budget commercial is defined as a commercial whose total costs as set forth on the AICP Film Production Cost Summary do not exceed $75,000 for a one-day shoot, or $150,000 for a two-day shoot or $225,000 for a three-day shoot.

• Producer shall submit to the Guild, no later than thirty (30) days after the last shoot day, the AICP Film Production Cost Summary.

• Producer must submit to the Union, no later than thirty (30) days after the last shoot day, the AICP Film Production Cost Summary.

• No commercial products, services or corporate names may be referenced or shown in PSAs. A Low Budget Commercial is defined as a commercial whose costs (excluding “Editorial and Finishing”, “Talent Costs” & “Talent Expenses”) as set forth in the AICP Film Production Cost Summary does not exceed $100,000 per shoot day and the total cost does not exceed $500,000.00.

• If approved, the Unit price increase shall be firm for the duration of the Term until another Production Cost increase is requested and approved.

More Definitions of Production Cost

Production Cost means the per unit cost at which Service Contractor shall produce the salt in the Kyar /Pans specified by the company.

Production Cost means the total of the cost of direct labor, raw materials, and manufacturing overhead, determined in accordance with generally accepted accounting principles, which are incurred in manufacturing or processing the products of a registered enterprise.

Production Cost means the production cost of bulk substance of the Compound with respect to Section 5.1 and shall mean the production cost of Semi-Product with respect to Section 5.2, which shall be calculated in accordance with United States Generally Accepted Accounting Principles, consistently applied and shall include, if and to the extent applicable, (b) the fully allocated cost of manufacturing Products manufactured by or for Radius, including the cost of raw materials, packaging materials and labor utilized in such manufacturing (including formulating, filling, finishing, labeling and packaging, as applicable) plus factory overhead costs allocated to the Product in accordance with normal accounting practices for all products manufactured in the applicable facility.

Production Cost means, with respect to any Item, the sum of (i) direct material and component costs, (ii) direct labor costs and (iii) indirect costs that can reasonably be attributed to the production of such Item. Eximbank shall determine what does and does not constitute Production Cost, and such determination, in the absence of manifest error, shall be conclusive and binding for all purposes.

Production Cost. , in relation to a film, means the total expenditure incurred by a film owner in respect of the acquisition or production of such film, excluding expenditure incurred in the erection, construction or acquisition of any buildings or other structures or works of a permanent nature, but including, without in any way limiting the scope of this definition –

Production Cost. - means the variable operating costs and maintenance cost (including fuel cost) costs of produc- ing electricity through generation, including fuel cost, and plus the cost of purchases of power sufficient to meet demand.

Production Cost as used in this Policy shall mean all costs chargeable directly to a declared production. It shall also include any loss paid under Sections I, II, III, IV or V. The following costs shall not be included: