When the wage rate is $10 per hour and the MPP of a worker is 15 units per hour,the unit labor cost is

Name: When the wage rate is $10 per hour and the MPP of a worker is 15 units per hour,the unit labor cost is
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Quizplus · Accepted Answer

Unit labor cost is defined as the cost of labor per unit of output. It can be calculated by dividing wage rate by the MPP of labor. 
Unit labor cost = Wage rate / MPP 
In this case, 
Wage rate = $10 per hour 
MPP = 15 units per hour 
Therefore, 
Unit labor cost = 10/15 = $0.67 per unit

When the Wage Rate Is $10 Per Hour and the MPP