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    Sunnybobo's Avatar
    Sunnybobo Posts: 1, Reputation: 1
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    #1

    Nov 8, 2013, 05:48 AM
    Calculation of unit price, unit cost and unit sold
    What are the differences between unit cost, unit price and unit sold
    pready's Avatar
    pready Posts: 3,197, Reputation: 207
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    #2

    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.
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