A unit cost is computed by:
A)multiplying total cost by the number of units
B)dividing total cost by the number of units
C)dividing variable cost by the number of units
D)adding variable cost to fixed cost

Question

Quizplus · Accepted Answer

Unit cost is the cost incurred to produce one unit of a product or service. It is calculated by dividing the total cost by the number of units produced. This will give the average cost per unit, which can be useful in determining the selling price of the product or service.

A Unit Cost Is Computed By