average unit cost
21Average Cost Flow Assumption — A calculation used by companies to monitor inventory goods. The average cost flow assumption is one of a variety of cost flow assumption methods used to determine the cost of goods sold (COGS) and ending inventory. Companies use one or more… …
22average — / æv(ə)rɪdʒ/ noun 1. a number calculated by adding several figures together and dividing by the number of figures added ● the average for the last three months or the last three months’ average ● sales average or average of sales 2. ♦ on average …
23Cost accrual ratio — The Cost Accrual Ratio for a business may be defined as the total average cost per person per unit time, e.g. average cost per day per person. It is only useful for risk assessment in small projects where average wages are roughly equal.… …
24Average Cost Pricing Rule — A pricing strategy that regulators impose on certain businesses to limit the price they are able to charge consumers for its products/services equal to the costs necessary to create the product/service. This implies that businesses will set the… …
25average — / æv(ə)rɪdʒ/ noun 1. a number calculated by adding several figures together and dividing by the number of figures added ● the average for the last three months or the last three months’ average ● sales average or average of sales 2. ♦ on average… …
26average cost curve — noun a graph which shows the average cost per unit of output …
27average cost pricing — /ˌæv(ə)rɪdʒ kɒst ˌpraɪsɪŋ/ noun pricing based on the average cost of producing one unit of a product …
28Marginal cost — A typical marginal cost curve with marginal revenue overlaid In economics and finance, marginal cost is the change in total cost that arises when the quantity produced changes by one unit. That is, it is the cost of producing one more unit of a… …
29Total cost — In economics, and cost accounting, total cost (or total costs) describes the total economic cost of production and is made up of variable costs, which vary according to quantity produced such as raw materials, plus fixed costs, which are… …
30Dollar cost averaging — (DCA) is an investment strategy that may be used with any currency. It takes the form of investing equal monetary amounts regularly and periodically over specific time periods (such as $100 monthly) in a particular investment or portfolio. By… …
