Crossword Genius

Production cost of character on Shetland, for instance (4)

Ross

I believe the answer is:

scot

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'character on shetland for instance' is the definition.
I can't judge whether this defines the answer.

'production cost' is the wordplay.
'production' is an anagram indicator.
'cost' is an anagram of 'SCOT'.

'of' is the link.

Can you help me to learn more?

(Other definitions for scot that I've seen before include "Native of Glasgow, say" , "Someone from Dundee?" , "---- free: originally free from penalties of taxation" , "levy, once" , "Glaswegian perhaps" .)

I've seen this clue in the Irish Times (Crosaire) and the Irish Times.
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