Unit cost
The unit cost is the price incurred by a company to produce, store and sell one unit of a particular product. Unit costs include all fixed costs and all variable costs involved in production. Cost unit is a form of measurement of volume of production or service. [1]
Cost unit vs unit cost
[edit]Cost unit is the standard unit for buying the minimum of any product. Unit cost is the minimum cost for buying any standard unit.[citation needed]
References
[edit] | This business term article is a stub. You can help Wikipedia by expanding it. |