Unit cost

Summary

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

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

  1. ^ "Analyzing Unit Cost".