What is unit cost for a company if it is

Question

2.5 hours for $8

Answer 1

To calculate the unit cost, you need to determine the cost per hour. In this case, you have a total of 2.5 hours at a total cost of $8.

The formula for unit cost is:

\[ \text{Unit Cost} = \frac{\text{Total Cost}}{\text{Total Hours}} \]

Plugging in the values:

\[ \text{Unit Cost} = \frac{8}{2.5} = 3.2 \]

So, the unit cost is $3.20 per hour.