Sunnybobo
Nov 8, 2013, 05:48 AM
What are the differences between unit cost, unit price and unit sold
pready
Nov 8, 2013, 10:03 AM
Unit Cost is the price a unit costs you the buyer. For example a car company buys a car for $10,000
Unit Price is the price you the seller sells the unit for. For an example the car company sells the same car for $15,000
Unit sold is the number of units actually sold. For an example the car company sold one car to a customer. The unit sold is one unit.
You can also Google the following terms: Unit Cost; Unit Price; and Unit Sold for complete definitions.