0
a cost caused by the production or acquisition
of a single unit of product or the delivery of a single
unit of service
What else can I help you with?
What is unit-level cost?
a cost caused by the production or acquisitionof a single unit of product or the delivery of a singleunit of service
The fixed cost per unit varies with changes in the level of activity?
false
Variable costs per unit will increase as production decreases.?
Variable cost per unit remains same with level of production and no change in change in level of production.
What describes a fixed cost?
It remains the same per unit regardless of activity level
An increase in the activity level within the relevant range results in?
A decrease in fixed cost per unit
What is unit-level cost?
a cost caused by the production or acquisitionof a single unit of product or the delivery of a singleunit of service
What are non unit level overhead activities?
One example of non unit level overhead cost is the cost of business consulting. Another example is paying the CEO. These costs can't be linked to a direct product.
The fixed cost per unit varies with changes in the level of activity?
false
How do you calculate the holding cost in the Economic Order Quantity (EOQ) model?
The holding cost in the Economic Order Quantity (EOQ) model is calculated by multiplying the holding cost per unit by the average inventory level. The holding cost per unit is the cost to store one unit of inventory for a certain period of time, and the average inventory level is half of the order quantity.
Variable costs per unit will increase as production decreases.?
Variable cost per unit remains same with level of production and no change in change in level of production.
What describes a fixed cost?
It remains the same per unit regardless of activity level
What is a business firm's marginal cost?
Marginal cost, which is the cost of producing one more unit of output, helps determine the level at which profits will be maximized.
What is the significance of the price equaling marginal cost in determining the optimal level of production for a firm?
When the price equals the marginal cost, it indicates that the firm is producing at an optimal level where the cost of producing one more unit is equal to the revenue gained from selling that unit. This helps the firm maximize its profits and operate efficiently.
An increase in the activity level within the relevant range results in?
A decrease in fixed cost per unit
What is different between cost unit and unit cost?
Unit Cost is the cost incurred to produce one unit of production volume while cost unit is that department in unit business structure environment where business departments are divided into units according to their work. So cost unit is that unit due to which company has to bear cost and it is same like cost centers it is same like that selling department is called revenue unit. So any department which cost is included in production cost is called cost unit.
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.
What is the difference between sales price and variable costs?
Sales price is the price at which unit of product is sold while variable cost is that cost of unit which in manfuacturing process varies with change in level of production directly.
