UNITCOST

Unit cost

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.

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unit cost

Noun

  1. The cost to acquire a unit of a good or service for a specific quantity that is purchased.


The above text is a snippet from Wiktionary: unit cost
and as such is available under the Creative Commons Attribution/Share-Alike License.

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