Per Unit Production Cost Is

question 29

Multiple Choice

Per unit production cost is:

• A)real output divided by inputs.
• B)total input cost divided by total output.
• C)units of output divided by total input cost.
• D)a determinant of aggregate demand.

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Definitions:

Activity-based Costing

A methodology that assigns manufacturing overhead costs to products in a more logical manner based on the activities that incur costs.

Floral Bouquets

An arrangement of flowers, typically designed and wrapped for decorative or gifting purposes.

Plantwide Overhead Rate

A single overhead absorption rate used throughout an entire plant or factory, applied to all production units equally.

Activity-based Costing

A costing method that allocates overhead costs to specific activities, providing more accurate product costing.