\”In business, arithmetic is not just about numbers, but about making the right decisions.\” — Unknown
Unit of Sale, Unit Price and Unit Cost
Unit of Sale
Unit of Sale refers to measure of what products are sold.
Unit Price
Unit Price refers to the price at which one unit of a product is sold.
Unit Cost
Unit cost refers to cost incurred to produce, store and sale a single unit of a product. It is also known as variable cost.
Gross Profit
Gross Profit per unit is excess of unit price over unit cost.
