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how to calculate the average cost per unit. The end figure you obtain is one units manufacturing cost. 2 Calculate total cost by adding fixed cost and variable cost together.
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Calculate the average cost per unit Total cost of inputs Scrap value of normal loss Average cost per unit -----Units input Normal loss 6. Weighted average unit cost is computed using the following formula. It describes the cost per unit of output.
Weighted average unit cost Total cost of units available for sale Number of units available for sale.
Some products are sold using a unit of measurement pound ounce fluid ounce dozen half-dozen etc and other products are sold per unit. Fixed costs are the costs that remain the same over time. To determine per unit cost of a product you first have to calculate the total manufacturing cost of all the items manufactured during the given period. Value the good output and abnormal loss or gain at this average cost per unit.
