Unit cost
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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. [1]
Cost unit vs unit cost
[edit | edit source]Cost unit is the standard unit for buying the minimum of any product. Unit cost is the minimum cost for buying any standard unit.[citation needed]
References
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