Business, Legal & 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.
To help you cite our definitions in your bibliography, here is the proper citation layout for the three major formatting styles, with all of the relevant information filled in.
Definitions for Unit Cost are sourced/syndicated and enhanced from:
This glossary post was last updated: 6th January, 2020