Profit Per Unit Is Equal to

question 50

Multiple Choice

Profit per unit is equal to

• A)TR - TC.
• B)P - MR.
• C)P - ATC.
• D)TR - ATC.

---

Definitions:

Accounts Payable

Short-term liabilities representing amounts owed to suppliers or creditors for goods and services received that have not yet been paid for.

Raw Materials

The basic materials and substances that are used in the production of goods, often processed in various ways to create the final product.

Direct Labor Cost

The total expense of employing workers directly involved in manufacturing goods, including wages, benefits, and insurance.

Manufacturing Overhead

All indirect costs associated with manufacturing, including utilities, rent, and salaries for indirect labor.