unit cost
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unit cost
the actual cost of producing one article
Collins Discovery Encyclopedia, 1st edition © HarperCollins Publishers 2005
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.
McGraw-Hill Dictionary of Scientific & Technical Terms, 6E, Copyright © 2003 by The McGraw-Hill Companies, Inc.
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