How is unit cost calculated?
A)total product costs divided by the number of units produced
B)period costs divided by the total number of units produced
C)total prime costs divided by the number of units produced
D)total conversion costs divided by the number of units produced

Question

Quizplus · Accepted Answer

Unit cost is calculated by dividing the total product costs by the number of units produced. This includes all costs directly associated with the production of the goods.

How Is Unit Cost Calculated