total cost of production

total cost of production　总生产成本　

A cost incurred by a business when manufacturing a good or producing a service.Production costs combine raw material and labor.To figure out the cost of production per unit，the cost of production is divided by the number of units produced.A company that knows how much it will cost to produce an item，or produce a service，will have a clearer picture of how to better price the item or service and what will be the total cost to the company.