Unit Cost

The cost associated with a single unit of productSomething that has been or is being produced.. The total cost of producing a product or service divided by the total number of units. The cost associated with a single unit of measureThe unit in which the quantity of an item is manag... underlying a resource, activityWork performed by people, equipment, technologies,..., product, or service. It’s calculated by dividing the total cost by the measured volume. Unit cost measurement must be used with caution as it may not always be practical or relevant in all aspects of cost managementThe management and control of activities and drive....