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Labor Costs per Unit

on . Posted in Project Management Engineering

Labor costs per unit, abbreviated as LC, is the total of all wages, benifits, and taxes a company pays to produce a single item.

 

Labor costs per Unit Formula
\(\large{ LC = LHR \; LH  }\) 
Symbol
\(\large{ LC }\) = labor costs per unit
\(\large{ LHR }\) = labor hourly rate
\(\large{ LH }\) = labor hours

 

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