Unit cost
Cost to produce, store and sell one unit of a particular product
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.
01Cost 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.
Sources and credits
This article is adapted from the Wikipedia article “Unit cost”, written by its contributors and licensed under CC BY-SA 4.0. Fathomly has changed the layout, removed citation markers, navigation and maintenance notices, and adjusted punctuation. This adapted version is shared under the same license. For references, see the original article.
Fathomly is not affiliated with or endorsed by the Wikimedia Foundation. Spotted a problem? Tell us.