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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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12y ago

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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 the difference between unit rate and unit cost?

Unit rate refers to a ratio that compares two different quantities, often expressed in terms of one unit, such as miles per hour or price per item. Unit cost, on the other hand, specifically refers to the cost incurred to produce or purchase one unit of a good or service, typically expressed in terms of currency per item. While both concepts involve a per-unit analysis, unit rate is broader and can apply to various measurements, whereas unit cost is focused solely on expenses.


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.


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.


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 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


Procedure on calculating cost per unit?

Cost per Unit = total cost of production / total units produced