Yksiköysti

Yksiköysti is a Finnish term that translates to "unit cost" or "cost per unit" in English. It refers to the expense incurred in producing, acquiring, or delivering one single unit of a product or service. This metric is crucial for businesses in understanding their profitability, setting prices, and managing their operations efficiently.

Calculating yksiköysti typically involves summing up all the direct and indirect costs associated with a single unit. Direct costs include raw materials, labor directly involved in production, and any other expenses directly attributable to that specific unit. Indirect costs, often referred to as overhead, can include factory rent, utilities, administrative salaries, and depreciation of equipment. These indirect costs are then allocated to individual units based on various methods, such as machine hours, labor hours, or production volume.

Understanding and accurately tracking yksiköysti allows businesses to make informed decisions. For instance, if the yksiköysti of a product is higher than its selling price, the business is operating at a loss on that item. This information can prompt a review of production processes, supplier negotiations, or a potential price adjustment. Furthermore, by comparing the yksiköysti of different production methods or suppliers, a company can identify areas for cost reduction and efficiency improvements. It is a fundamental concept in cost accounting and financial analysis.