Per Unit Cost of Production is called ___
Answers
Answer:
average total cost (ATC)
Explanation:
Average cost per unit of production is equal to total cost of production divided by the number of units produced.
Answer:
The per unit cost of production is called "Unit Cost" or "Unit Cost of Production".
Explanation:
The per unit fee of manufacturing is referred to as "Unit Cost" or "Unit Cost of Production".
It refers to the common value incurred in producing one unit of a product or service. The unit fee consists of all the costs incurred in the manufacturing process, such as labor costs, fabric costs, overhead costs, and any different direct or oblique prices associated to the manufacturing of the product or service. By calculating the unit cost, a enterprise can decide the fee at which it have to promote its merchandise or offerings to make certain profitability.
Calculating the unit price is necessary for agencies due to the fact it helps them decide the charge at which they ought to promote their merchandise or offerings to make certain profitability. If the charge is set too high, it may want to end result in decrease income and decrease revenue. If the rate is set too low, it may want to end result in decrease earnings or even losses.
By inspecting the unit cost, corporations can additionally pick out areas the place they can limit prices and enhance profitability. For example, they may additionally appear for methods to optimize their manufacturing processes, minimize labor costs, or negotiate higher expenditures for uncooked materials.
For more such related questions : https://brainly.in/question/38699611
#SPJ2