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Unit price is Total price of the product (P) divided by the number of individual products withint he container (n). For example, if a pack of 10 cookies costs $1.00, the unit price is: 100 cents/ 10 cookies= 10 cents.

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Materials + overhead + labor (production time x hourly wage) divided by number of units = selling price per unit.

Q: What is the formula for calculating unit price?

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