Cost Comparison

  • 1 Posts
  • 1 Sections
  • 1 Types
Definitions
Unit Cost
Unit Cost Cost Accounting Production Costs Overhead Allocation Fixed Costs Variable Costs Cost Comparison
Expenditure incurred by an organization expressed as a rate per unit of production or sales. While the unit cost is fundamental for understanding profitability, it can be challenging to make valid comparisons between organizations due to arbitrary allocation of fixed overhead costs.
Read more about Unit Cost.

Accounting Terms Lexicon

Discover comprehensive accounting definitions and practical insights. Empowering students and professionals with clear and concise explanations for a better understanding of financial terms.