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nit cost is the average cost of making a product and cost per unit is the marginal cost
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∙ 11y ago
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How do you calculate breakeven analysis?
Fixed cost / (selling price - Variable cost per unit) --> Fixed cost ----------------------------------------------- (Selling Price - Variable Cost Per Unit)
What is the unit cost to the nearest tenth of a cent if 8 ounces cost 2.10?
Unit cost would $.26 per ounce to the nearest cent.
What is the affect of a per unit tax on marginal cost of production?
a per unit tax directly affects the marginal cost schedule by increasing the value of each marginal cost at each value by the amount of the tax
What happens if the price per unit decreases because of competition but the cost structure remains the same?
If the price per unit decreases because of competition but the cost structure remains the same
How do you calculate variable unit costs and total annual costs?
Annual units sold, 1000. Raw materials annual cost 650. Building rent annual cost 9000. If sales volume increased to 6000 units and 8000 units, what is the total annual cost and unit cost for fixed varible? ---------------------------- Cost per unit of raw material=650/1000= 0.65 Fixed cost(Rent)=9000 Fixed cost per unit= 9000/1000= 9.00 If the sales volume increases to 6000 units, then total cost= 12900 and cost per unit = 2.150 Variable cost+ fixed cost= (0.65*6000) + 9000= 12900 / 6000 = 2.15 If the sales volume increases to 8000 units, then total cost= 14200 and cost per unit = 1.775 (0.65*8000) + 9000= 14200 / 8000 = 1.775
What is the difference between sales price per unit and variable cost per unit?
contribution margin
The difference between sales price per unit and variable cost per unit is the?
The sales price includes variable cost, the cost of the unit and the markup. Sales price is the rate customers pay for the item.
How would you define contribution margin?
The contribution margin is the difference between the per-unit variable cost and the selling price per unit.
What is the different single phase unit price and three phase unit price?
If, by 'unit price', you mean the cost per kilowatt hour, then there is normally no difference between the cost of energy supplied whether by single-phase or three-phase supplies.
What is difference between management account and cost account?
Management accounting is use for internal accounting purpose of business management while cost accounting is use to find out the per unit cost of production.
What is direct Cost per unit?
Direct cost per unit is that cost of unit incurred to manufacture one unit of product.Formula for direct cost per unit = total direct cost / total number of units.
Does per unit fixed cost vary?
Yes fixed cost varies between units as total overall fixed cost amount remains same but increase in number of units change the per unit fixed cost for example fixed cost of 10 will be 10 per unit in case of 1 unit produce and fixed cost per unit will be 1 in case of 10 units produced.
What are the difference between cost accounting and financial accounting?
Prime role of cost accounting is to calculate the cost per unit of product produce while financial accounting deals with financial reporting of company's performance.
What is the difference between and accleration?
Acceleration is a change of velocity (per time unit).Acceleration is a change of velocity (per time unit).Acceleration is a change of velocity (per time unit).Acceleration is a change of velocity (per time unit).
What is the difference in energy per unit of charge between two points in a circuit?
voltage
How to calculate total variable cost per unit?
Easiest way: Total costs per unit - fixed costs per unit = variable cost per unit. Also recatting into accounting.
Procedure on calculating cost per unit?
Cost per Unit = total cost of production / total units produced
