Final answer:
The formula for Unit Prod Cost (Absorption) is Total Costs divided by Total Units Produced.
Step-by-step explanation:
The formula for Unit Prod Cost (Absorption) is:
Unit Prod Cost (Absorption) = Total Costs / Total Units Produced
To calculate the unit prod cost (absorption), you need to divide the total cost incurred by the firm by the total number of units produced. This formula helps determine the average cost per unit of production and is often used by businesses to analyze their production costs.