Since the product has 1,000 in-production units, overhead cost per unit is calculated as $5,100/1,000 units = $5.10 per unit. This is less compared to the $7 per unit overhead cost calculated using the traditional overhead cost allocation, but it reflects more of the actual overhead cost behaviors.
In common parlance, the term social class is usually synonymous with  socio-economic class, defined as people having the same social, economic, or educational status, e.g., the working class ; an emerging professional class..lassless society refers to a society in which no one is born into a social class. Distinctions of wealth, income, education, culture, or social network might arise and would only be determined by individual experience and achievement in such a society.
summarizes the level of consciousness most Americans have regarding social class. that sociologists have no clear-cut, agreed-upon definition of social class. people who rank close to one another in terms of property, power, and prestige. Wealth and income are not synonymous. It is possible to have great wealth and little income or little wealth but a high income. Wealth and income are unevenly distributed in the United States with a large and growing gap separating the richest Americans from the poorest.