Question

Unit cost is: a.the sum of the process category unit costs. b.the sum of the unit cost of labor used in all departments. c.the sum of the unit cost of materials used in all departments. d.the sum of the input category unit costs.

Answer 1

Unit cost can be described as the .the sum of the process category unit costs.

What is unit cost in simple terms?

This is the sum of the total expenditure that was used in the manufacturing process for a unit of product or service.

It is the cost of good that was used in the manufacture, the storage an d the sale of that product.

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