answersLogoWhite

0


Want this question answered?

Be notified when an answer is posted

Add your answer:

Earn +20 pts
Q: What is the difference between unit rate and unit cost?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

The difference between sales price per unit and variable cost per unit is the?

The sales price includes variable cost, the cost of the unit and the markup. Sales price is the rate customers pay for the item.


What is the difference between a unit rate and rate?

A rate is something that happens frequently, while a unit rate is an individual digit.


What is the difference between unit cost and cost per unit?

nit cost is the average cost of making a product and cost per unit is the marginal cost


What is the difference between unit cost and unit price?

Unit Cost is what the manufacturer charges a dealer for the item. The Unit Price is what the dealer charges a customer.


Difference between cost unit and cost centre?

A cost unit refers to the actual products. The cost center refers to all the departments in a business organization.


What is the difference between sales price per unit and variable cost per unit?

contribution margin


What makes a unit cost?

a unit rate that gives you the cost....... maybe


What is a mathematical unit rate?

A unit rate is a rate that has a denominator of 1. Examples of unit rates include unit cost, gas, mileage and speed


What is the difference between a rate and a unit rate?

A rate is a ratio that compares two different units. ex: 300 miles\ 6 hours. you can't convert miles into hours. A unit rate is a rate comparing a number to 1 unit to another. ex: 50 miles\1 hour A unit rate always has 1 as a denominator.


What is a mathematical rate?

A unit rate is a rate that has a denominator of 1. Examples of unit rates include unit cost, gas, mileage and speed


What is the marginal cost of the 8th unit of output?

it is the difference between the total cost of producing 8 units and 7 units of output.


How would you define contribution margin?

The contribution margin is the difference between the per-unit variable cost and the selling price per unit.