Unit Cost Law and Legal Definition
According to 41 CFR 102-36.40 [Title 41 Public Contracts and Property Management; Subtitle C Federal Property Management Regulations System; Chapter 102 Federal Management Regulation System; Subchapter B Personal Property; Part 102-36 Disposition of Excess Personal Property; Subpart A General Provisions], unit cost means "the original acquisition cost of a single item of property."
Legal Definition list
Related Legal Terms
- Above the Line Costs (Entertainment Law)
- Absolute Immunity
- Absorption Costing
- Accelerated Cost Recovery System
- Accompanying the Armed Forces outside the United States
- Accompanying the Federal Government Outside the United States
- Accumulation Unit
- Acquisition Cost of an Item of Purchased Equipment
- Acquisition Cost of Equipment [Education]
- Activity-Based Costing
