UNIT COST

(noun)

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There is 1 meaning of the phrase Unit Cost.

"The unit cost of production has increased due to rising material prices."

"The manager analyzed the unit cost of each product in order to determine its profitability."

"The company aims to reduce unit costs by improving its manufacturing process."

"The unit cost of the product is $10, which includes both materials and labor."

"It is important to accurately calculate the unit cost to set appropriate pricing."

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