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unit cost |
Also found in: Wikipedia, Hutchinson | 0.06 sec. |
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unit cost the actual cost of producing one article unit cost [′yü·nət ′kȯst] (industrial engineering) Cost allocated to a specified unit of a product; computed as the cost over a period of time divided by the number of units produced. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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Special note: If your mill runs colors, average costing is especially dangerous. Average costing methods mitigate the effects of various costs, producing a smoothing effect. on average costing $4,341 compared to $6,285 for indemnity plans. |
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