Labor Costs per Unit

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

L C = L H R L H

$\large{ LC = LHR \; LH }$

Symbol

L C

$\large{ LC }$ = labor costs per unit

L H R

$\large{ LHR }$ = labor hourly rate

L H

$\large{ LH }$ = labor hours