Labor Costs per Unit Formula |
| \( LC \;=\; LHR \cdot LH \) |
| Symbol |
| \( LC \) = Labor Costs per Unit |
| \( LHR \) = Labor Hourly Rate |
| \( LH \) = Labor Hours |
Labor costs per unit, abbreviated as LC, is the total of all wages, benifits, and taxes a company pays to produce a single item.
