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No, it is not. cost per 1000 relates to one product that is produced by one company. The item comes in at a cost of so much per 1000 units. If you went to several different suppliers of the same item and got each company's cost per 1000, then you could calculate the mean, or average cost.

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Q: Is cost per 1000 the same as mean cost?
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How do you compute cost per completed unit?

Total Manufacturing Cost: material cost 1000 Add: Labor cost 2000 Add: Overhead cost 3000 Total cost 6000 Number of units produced = 1000 Cost per unit = 6000/1000 Cost per unit = 6


How can you get variable cost per unit if no of unit sold is not given?

Variable cost per unit is not dependent on how much units sold but it is dependent on how many units have been produced. For Example: Total units produced: 1000 Total variable cost :10000 Variable cost per unit = 10000/1000 = 10


Price per unit decreases but cost structure remains the same?

If the price per unit decreases because of competition but the cost structure remains the same


If you buy 1000 shares of a stock with a 10 Commission and then sell 100 of it with a commission of 10 and then sell 900 later with a 10 comission what is the cost basis of the 100 and 900 shares sold?

To determine cost basis you want to take the total amount paid + commission and calculate your cost per share. Lets say the stock was $10 per share and you bought 1000 shares with a commission of $10. Total cost would be $10,010. Divide that number by 1000 to get your cost per share. This equals $10.01 per share. If you sold 100 shares your cost basis is $1001. If you sold 900 shares your cost basis is $9009. To go one step further when you sell the stock subtract the commission from the sales proceeds. If you sold 100 shares of the stock at $15 with a $10 dollar commission then your total sales proceeds will be $1490. Now just take the sales proceeds of $1490 - the cost basis of $1001 to determine your capital gains or losses. In this example you have a gain of $489. Use this same process to determine gains and losses for the other 900 shares.


What describes a fixed cost?

It remains the same per unit regardless of activity level