Price Per Unit Formula Math

30 000 fixed costs 50 000 variable costs 10 000 units 8 cost per unit in the following month abc produces 5 000 units at a variable cost of 25 000 and the same fixed cost of 30 000.

Price per unit formula math. From ramanujan to calculus co creator gottfried leibniz many of the world s best and brightest mathematical minds have belonged to autodidacts. With this installment from internet pedagogical superstar salman khan s series of free math tutorials you ll learn how to unpack and solve word problems that require you to find price per unit. 2 liters for 3 80 is 3 80 2 liters 1 90 per liter. The cost per unit is.

4 72 4 68 comparing the unit prices orchard has lower price. The unit price is the cost per quantity of item you re receiving. So buying apples in orchard is better deal. For example to find the unit price of 12 ounces of soup that costs dollar 2 40 divide dollar 2 40 by 12 ounces to get unit price of soup as dollar 0 20 per ounce.

To calculate the unit price simply divide the cost of the product by the quantity you re receiving or check the store s shelf label. 30 000 fixed costs 25 000 variable costs 5 000 units 11 unit. The quantity might be per item or per unit of measurement such as ounces grams gallons or liters. The unit price of an item is the cost per unit of the item.

So the calculation of variable cost per unit will be variable cost per unit raw material cost per unit labour cost per hour time is taken to produce a unit in hours variable cost per unit 25 35 0 50. Just divide the cost by the quantity.