Gross cost definition
Gross cost means the total cost of utility services including the cost of the tangible personal property and any services associated with obtaining the utility services regardless from whom purchased.
Gross cost means the total expenditures required to accomplish the purpose of the project. “Gross cost” does not include any credit for the value of salvaged facilities, but does include:
Gross cost means the total cost of utility services including the cost of the tangible
Examples of Gross cost in a sentence
An example of how the Fee commission is to be charged is detailed below: Gross cost minus the standard agency commission, plus the fee commission.
Gross cost is defined as the amount charged to All Response Media by the media supplier before the deduction of All Response Media’s commission.
More Definitions of Gross cost
Gross cost means the total cost of the telephonic and telegraphic communications, electrical power, water, and natural, artificial, or mixed gas including the cost of the tangible personal property and any services associated with obtaining the telecommunication and telegraphic services or tangible personal property, such as gas, electricity, and water, regardless from whom purchased.
Gross cost means the sum of amounts actually billed on a Paid Claim including: Ingredient Cost, dispensing fee, and taxes, before application of Copayment.
Gross cost means the total cost to acquire a good or service, including but not limited to labor, equipment, materials, overhead, profit, bonding, insurance, taxes, license fees, and transportation costs.
Gross cost means the sum of: (1) the cost of raw materials; (2) direct labor including wages and employee benefits for the direct labor people; (3) freight and duty for materials or for transfer of products during the manufacturing process between factories; (4) variable overhead costs related to volume of production, utilities, and packing materials; (5) fixed overhead costs including toolmakers, production engineering, supervisory labor, insurance, depreciation, property taxes, and other manufacturing related expenses; (6) administrative costs (at no more than 10% of Gross Cost); and (7) royalties payable to non-Affiliate third parties for intellectual property embodied or used in manufacturing the products. The fixed and variable overhead costs shall be limited to standard rates within the industry and shall not reflect any additional costs caused by the nature of a start-up operation. Depreciation will be based on useful lives as follows: molds (3 years); dies (3 years); assembly equipment (4 years); production equipment (10 years) and buildings (25 years). Each Party will use commercially reasonable efforts, subject to its good faith business judgment, to minimize the elements of the "Gross Cost" within its control.