UK Accounting Glossary
This is expenditure incurred by an organisation as expressed as a rate per unit of production or sales.
It can be difficult to make valid comparisons of unit costs between organisations.
The main issue being the arbitrary allocation of fixed overhead costs.
I wanted to determine the unit cost of each item in our portfolio and see what would happen to our company in the future if we spent too much.
In order to understand what your total profit might be you will need to know what the unit cost of each item is.
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This glossary post was last updated: 5th May 2019.