What is Unit Price?
Unit Price
One value.
What it means
Unit price is the price of one item. The selling price is called the selling price, and the buying price is called the purchasing price. When placing an order or order, the unit price is indicated along with the quantity.
The unit price for the same item may vary depending on the supplier and time. Therefore, it is calculated based on the value written on the order, not the value written on the item.
At the pen factory
The selling price of black ballpoint pen is 500 won. I bought the black refill for 120 won from Daehan Refills, and when I was in a hurry, I bought it from Hanguk Writing for 135 won.
Why it matters
You have to multiply the quantity by the unit price to make money. Without unit prices, you cannot know how much you earned or spent.