Every business owner should understand the cost of production. Whether you manufacture tires, bake cookies or wash windows for a living, you need to know your costs per unit to ensure you are ...

as high production costs can limit profitability for investors, particularly when global oil prices are low. Our correspondent reports that if crude sells for an average of $75 per barrel ...

Examples are rent, insurance, and equipment. Some fixed costs ... outsourcing the production process to a more efficient manufacturer. A company’s financial statements will report the unit ...