Definitions for unit cost
unit cost

Princeton's WordNetRate this definition:5.0 / 1 vote

1. unit costnoun

   calculated cost for a given unit of a product

WiktionaryRate this definition:0.0 / 0 votes

1. unit costnoun

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

WikipediaRate this definition:0.0 / 0 votes

1. Unit cost

   The unit cost is the price 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 is a form of measurement of volume of production or service.

ChatGPTRate this definition:0.0 / 0 votes

1. unit cost

   Unit cost refers to the total expenditure incurred by a company to produce, store, and sell one unit of a particular product or service. It includes all fixed costs (overhead) and variable costs (direct labor and materials) associated with production. This is an important figure because it is used to determine a product's selling price and calculate profitability. Unit cost allows companies to identify the minimum price they can charge while still covering production costs and earning a profit.

WikidataRate this definition:0.0 / 0 votes

1. 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.

Matched Categories

1. • Cost

How to pronounce unit cost?

1. Alex

   US English

   David

   US English

   Mark

   US English

   Daniel

   British

   Libby

   British

   Mia

   British

   Karen

   Australian

   Hayley

   Australian

   Natasha

   Australian

   Veena

   Indian

   Priya

   Indian

   Neerja

   Indian

   Zira

   US English

   Oliver

   British

   Wendy

   British

   Fred

   US English

   Tessa

   South African

How to say unit cost in sign language?

Numerology

1. Chaldean Numerology

   The numerical value of unit cost in Chaldean Numerology is: 6

2. Pythagorean Numerology

   The numerical value of unit cost in Pythagorean Numerology is: 4

Examples of unit cost in a Sentence

1. Ajay Sharma:

   We are hoping that we will have something by end of the year, maybe the first quarter of next year, where will we know from Voltron what it costs, at which point, a lot of banks who might be sitting on the sidelines will be able to make a decision, clearly we are hoping that through this technology, the unit cost of doing a transaction comes down, along with other benefits, such as speed.

2. Chief Executive Martin Sutherland:

   Our order intake in the first half was quite poor hence we need to look at our pricing and therefore our unit cost of production, we will review all options for that business moving forward.

3. Larry Gies:

   The unit cost of everything I buy-software, robots, machines, you name it-has gone down, so I can get the same result, but at half the cost.

4. Chief Executive Vicki Hollub:

   It is important to note that most of our cost reductions are due to our own efficiency gains, not service company unit cost reductions.

References

1. ^ Princeton's WordNet
   http://wordnetweb.princeton.edu/perl/webwn?s=unit cost
2. ^ Wiktionary
   https://en.wiktionary.org/wiki/Unit_Cost
3. ^ Wikipedia
   https://en.wikipedia.org/wiki/Unit_Cost
4. ^ ChatGPT
   https://chat.openai.com
5. ^ Wikidata
   https://www.wikidata.org/w/index.php?search=unit cost