Write a note on unit costs
What will be an ideal response?
Unit cost is the cost to produce each unit, including material and labor as well as any allocated overhead costs. In
equation form, we have: Unit cost = Variable cost + Fixed cost/Unit sales. Fixed costs are costs which stay constant
regardless of the number of units made (within limits). Examples include rent, depreciation, and insurance.
Variable costs are costs which vary according to the number of units made, such as parts and materials per unit, as
well as direct production labor per unit.
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If a broker presents an offer to purchase real property for the listed price from a ready, willing, and able black buyer, and the offer is refused by the seller because of the buyer's race, the broker may:
A: Sue the seller for his commission; B: Advise the black buyer of his right to complain to the United States Department of Housing and Urban Development; C: Warn the seller that his refusal is a violation of the Fair Housing Act of 1968; D: Do all of the above.
A characteristic of a ________ unit is that it can be a single business or collection of related businesses that can be planned separately from the rest of the company
A) strategic business B) subsidiary C) merged D) niche market E) specialized business