unit cost
Noun
Meaning
unit cost (plural unit costs)
The cost to acquire a unit of a good or service for a specific quantity that is purchased.
Hypernyms
Examples
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.
The unit cost the city $38,483 and Lee said that it came with a lot of equipment including a three year old defibrillator.
However the project dragged on, and in 1969 the estimated unit cost had risen fivefold.
This is mainly due to high grade ores and WPM dealing in precious metals with lower unit cost.
As such, the Company achieved unit cost savings along with business growth.
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.