Harman Patil (Editor)

Unit cost

Updated on
Edit
Like
Comment
Share on FacebookTweet on TwitterShare on LinkedInShare on Reddit

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.

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.

References

Unit cost Wikipedia