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 ...

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 ...

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 ...

Identify cost driver for the overhead cost, and the total amount of cost driver in a multi-product production or multi-service offering. A cost driver is a business activity responsible for change in ...

Today’s economic uncertainty is leaving CEOs with little choice but to cut large line-item costs, reduce their workforce and reexamine their unit economics—their overall “cost to revenue ratio”—in ...

The world of microeconomics and business decision-making hinges upon a key concept: marginal cost. In the simplest terms, marginal cost represents the expense incurred to produce an additional unit of ...

A scatter plot of European airlines showing cost per available seat kilometre (CASK) against average trip length reveals much about their relative competitive positioning. Even after many years of ...