business studies formulas. - 3.0 / 5 based on 1 rating ? Business StudiesASAQA Created by: Chloe.Created on: 23-05-11 15:46 VARIANCE. ACTUAL FIGURE - BUDGETED FIGURE. 1 of 10 PROFIT TOTAL REVENUE - TOTAL COSTS 2 of 10 GROSS PROFIT SALES - COST OF SALES 3 of 10 NET PROFIT AND NET PROFIT MARGIN NET PROFIT:TOTAL REVENUE - TOTAL COSTS. NET PROFIT MARGIN: NET PROFIT _________________________ x100 SALES REVENUE EXPRESSES PROFIT AS A PROPORTION OF THE LEVEL OF SALES. 4 of 10 RETURN ON CAPITAL EMPLOYED NET PROFIT __________________________ X100 CAPITAL EMPLOYED PERCENTAGE RETURN ON MONEY PUT INTO THE BUSINESS. 5 of 10 UNIT COSTS TOTAL COSTS ____________ OUTPUT PRICE TO MAKE ONE ITEM. 6 of 10 LABOUR PRODUCTIVITY OUTPUT PER PERIOD _____________________________________ NUMBER OF EMPLOYEES PER PERIOD 7 of 10 ABSENTEEISM AV. NUMBER OF STAFF ABSENT ON 1 DAY _________________________________________X100 TOTAL NUMBER OF STAFF 8 of 10 LABOUR TURNOVER. NUMBER OF EMPLOYEES LEAVING BUSINESS __________________________________________ X100 TOTAL NUMBER OF EMPLOYEES 9 of 10 CAPACITY UTILISATION CURRENT OUTPUT ____________________________ X100 MAXIMUM OUTPUT 10 of 10
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