Topical Terminology  

       

Topical Terminology > Unit Cost



4 Definitions

Unit cost

For Unit cost we have terms and definitions in 4 topics. The topics are Accounting, Business Process, Sanitation and Supply Chain.



Unit Cost (Accounting)

see OBJECT COST.


Unit Cost (Business Process)

The total costs in resource and material to produce one instance of a product or service.


Unit Cost (Sanitation)

The cost of a unit of product or service; for example, the cost of pumping a million gallons of wastewater.


Unit Cost (Supply Chain)

The cost associated with a single unit of product. The total cost of producing a product or service divided by the total number of units. The cost associated with a single unit of measure underlying a resource, activity, product, or service. It's calculated by dividing the total cost by the measured volume. Unit cost measurement must be used with caution as it may not always be practical or relevant in all aspects of cost management.
Unit Load Device (ULD): Refers to airfreight containers and pallets.




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