Noun
unit cost (plural unit costs)
The cost to acquire a unit of a good or service for a specific quantity that is purchased.
Canada's Conservative government had stated it would not reduce its order, and anticipated a $75–80 million unit cost; the procurement was termed a "scandal" and "fiasco" by the media and faced a full review to determine any Canadian F-35 purchase. Source: Internet
The unit cost the city $38,483 and Lee said that it came with a lot of equipment including a three year old defibrillator. Source: Internet
However the project dragged on, and in 1969 the estimated unit cost had risen fivefold. Source: Internet
This is mainly due to high grade ores and WPM dealing in precious metals with lower unit cost. Source: Internet
As such, the Company achieved unit cost savings along with business growth. Source: Internet
He also termed it as “strange” that the government has removed input tax credit on the GST as it has led to an increase in unit cost. Source: Internet