Unit variable cost refers to
A)variable cost expressed as the sum of all units sold.
B)variable cost expressed as a percentage of total sales.
C)variable cost expressed on a per unit basis for a product.
D)variable cost expressed as a percentage of fixed costs.
E)variable cost expressed as a percentage of total profit.

Question

Quizplus · Accepted Answer

Unit variable cost refers to the variable cost incurred to produce one unit of a product. Therefore, it is expressed on a per unit basis for a product.

Unit Variable Cost Refers to