Business Studies - BUSS 2 Formulas

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  • Created by: Summer96
  • Created 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

Other cards in this set

Card 2

Front

What is the formula for price elasticity of demand (PED)?

Back

% change in quantity demanded / % change in price

Card 3

Front

What is the formula for output per performance?

Back

Preview of the front of card 3

Card 4

Front

What is the formula for labour costs per unit?

Back

Preview of the front of card 4

Card 5

Front

What is the formula for UK productivity?

Back

Preview of the front of card 5
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