How Is Unit Cost Calculated

question 148

Multiple Choice

How is unit cost calculated?

• A) total units divided by total costs
• B) sum of all cost drivers
• C) total cost divided by equivalent units produced
• D) total of all costs incurred

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Definitions:

\(34\)

An integer and natural number following 33 and preceding 35.

\(k ^ { 3 }\)

Represents the cube of a variable \(k\), equivalent to multiplying \(k\) by itself twice (\(k*k*k\)).

\(k + 8\)

An algebraic expression representing the sum of a variable, \(k\), and the number 8.