The unit cost is the cost 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.
Read more about Unit Cost: Cost Unit Vs Unit Cost
Famous quotes containing the words unit and/or cost:
“During the Suffragette revolt of 1913 I ... [urged] that what was needed was not the vote, but a constitutional amendment enacting that all representative bodies shall consist of women and men in equal numbers, whether elected or nominated or coopted or registered or picked up in the street like a coroner’s jury. In the case of elected bodies the only way of effecting this is by the Coupled Vote. The representative unit must not be a man or a woman but a man and a woman.”
—George Bernard Shaw (1856–1950)
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—Henry David Thoreau (1817–1862)