Millerstown, on the Nolin River, was the first community to be formally incorporated in 1826; Falls of Rough grew up around the Green Sawmill, which first operated in 1823; and Grayson Springs, a popular summer resort, opened in 1830 and peaked in prosperity about 1900.
Example 1. Assume a business produces clothing. A variable cost of this product would be the direct material, i.e., cloth, and the direct labor. If it takes one laborer 6 yards of cloth and 8 hours to make a shirt, then the cost of labor and cloth increases if two shirts are produced.
A business has costs which are classified as shown below, calculate the variable cost per unit if the number of units produced is 1,000.Direct Labor 40,000 â variable. Utilities 22,000 â 80% variable. Materials 35,000 â variable.ariable Cost per Unit. A business has costs which are classified as shown below, calculate the variable cost per unit if the number of units produced is 1,000. Direct Labor 40,000 â variable. Utilities 22,000 â 80% variable.