When you control unit costs while maintaining quality, you can offer value to your customers. Reduced costs allow you to price your products competitively and invest in the features that solve ...

Labor can account for the largest expense of manufacturing products. You should always keep track of your labor cost per unit to make sure that wages are not growing faster than profits. To do this, ...

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 ...

Freeport-McMoRan Inc. FCX saw a notable reduction in its average unit net cash cost per pound of copper in the second quarter of 2025 to just $1.13, a sharp improvement from $1.73 a year earlier and ...

Investopedia contributors come from a range of backgrounds, and over 25 years there have been thousands of expert writers and editors who have contributed. Erika Rasure is globally-recognized as a ...