Business Studies - BUSS 2 Formulas 0.0 / 5 ? Business StudiesASAQA Created by: Summer96Created on: 09-04-13 12:02 What is the formula for cost plus pricing? % / 100 x Cost per unit 1 of 10 What is the formula for price elasticity of demand (PED)? % change in quantity demanded / % change in price 2 of 10 What is the formula for output per performance? total value of output / total number of employees 3 of 10 What is the formula for labour costs per unit? total labour costs / total output 4 of 10 What is the formula for UK productivity? total UK output / total UK hours worked 5 of 10 What is the calculation for absenteeism? average no. of staff absent on one day / total number of staff x 100 6 of 10 What is the formula for net profit margin? net profit (before tax) / sales x 100 7 of 10 What is the formula for return on capital? net profit (before tax) / capital invested x 100 8 of 10 What is the formula for labour turnover? number of employees leaving during period / average no. employed during period x 100 9 of 10 What is the formula for capacity utilization? actual level of output / max level of output x 100 10 of 10
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