Definitions for "Unit Cost"
Related Terms:
Marginal cost, Incremental cost, Cost unit, Variable cost, Average cost method, Marginal costing, Fixed cost, Variable costs, Indirect cost, Average total cost, Cost, Absorption costing, Average fixed cost, Average variable cost, Economy of scale, Fixed costs, Full absorption costing, Direct cost, Unit-in-place method, Direct costing, Overheads, Overhead, Economies of scale, Total cost, Cpo, Standard cost, Average cost, Cpp, Cost, Actual cost, Burden, Cost per point, Cost per order, Cost overrun, Efficiency, Sunk costs, Joint cost, Eac, Contribution, Cost per rating point, Sunk cost, Production cost, Mtdc, Break-even analysis, Overhead costs, Total costs, Cost of sales, Direct costs, Cost variance, Social cost
Total labor, material, and overhead cost for one unit of product ion, i.e., one part, one gallon, one pound, etc. [D04666] QWF
(1) The incurred expense attributable to a single measured amount of work. (2) In insurance, the amount charged per $1,000 of coverage, based on the level of risk presented by a specific insured. Also known as cost of insurance rate.
Cost per item.
This is Cost Amount divided by Quantity times 100.
The price to print per piece, or per book.
The cost of a unit quantity of material or service.
A method of assigning a cost to each unit of a commodity; usually used with large quantities, such as gallons of paint, numbers of outlets, or square feet of partitions.
see OBJECT COST.
The amount of manufacturing costs incurred in the completion or production of one unit of product; usually computed by dividing total production costs for a job or period of time by the respective number of units produced.
The cost associated with one unit of an item.
calculated cost for a given unit of a product
The cost required to purchase/produce a specific product or unit of service (e.g., the cost to purify one thousand gallons of water).
UC) The term Unit Cost is synonymous with the term Cost per Output. The relationship of resources consumed to outputs produced. Unit Cost is the Cost of Resources divided by the Number of Outputs.
The total costs in resource and material to produce one instance of a product or service.
In printing, the unit cost is the total cost per printed book (or other publication). It is calculated by adding the variable costs to the fixed costs and dividing the resulting total by the total number of books, or other units, produced. The unit cost includes the expense of ink, paper, color separations, printing cylinders or plates, etc. See also DIRECT COSTS FIXED COST VARIABLE COST
The cost identified for the use of a single unit of resource consumed or the cost involved in producing a single unit of output, e.g. cost per sheet of paper, per hour of staff time, per invoice generated.
The cost of a single product or service.
The cost associated with a single unit of product. The total cost of producing a product or service divided by the total number of units.
The cost associated with a single unit of the product, including direct costs, indirect costs, traced costs and allocated costs.
The relationship of resources consumed to outputs produced. A unit cost is the cost of producing one unit of output or providing one unit of service. Unit costs are determined by dividing the total cost (the sum of direct, indirect and G&A costs) of inputs used to produce outputs by the total quantity of units of output produced.
1. Cost per unit. 2. Cost per unit of length, volume or area.
A financial metric in which cost is based on the unit of delivery or consumption of a product or service, such as number of requests processed per day.
The cost of a single item on a construction budget, for example one 2x4x8' stud. The unit cost is multiplied by the number of units required for the job to determine the total cost.
Total labor, material, and overhead cost for one unit of production, e.g., one part, one gallon, one pound.
The monetary cost of delivering a defined amount of training, usually one student contact hour.
The cost associated with an activity/activities for a single unit of product.
A small component price of a product's total cost. Unseasoned - A lease or note that has had few, if any, payments made.