Every business owner should understand the cost of production. Whether you manufacture tires, bake cookies or wash windows for a living, you need to know your costs per unit to ensure you are charging ...

Unit labor cost refers to the amount of personnel expenses to make one item of your product. Knowing your total cost per unit can help you plan your pricing, see how different sales levels affect your ...

The market's concentration on Tesla, Inc. gross profit margins overlooks the lack of progress in cutting unit production costs. Tesla's ability to grow gross profit globally has been aided by first ...

As you consider starting or expanding a business, one helpful tool is understanding your unit costs. This is important whether you are offering a service or a product. Simply stated, your unit cost is ...

Nick has seven years of experience in the home improvement industry. He started his career marketing for dozens of flooring providers and related home services across North America. Today, he is a ...