Calculations 0.0 / 5 ? Business StudiesEverythingASAQA Created by: teri.caneCreated on: 10-05-18 10:26 Total Revenue Price x Quantity 1 of 18 Profit Total Revenue - Total Costs 2 of 18 Variable costs Quantity x Variable cost per unit 3 of 18 Index Number Actual sales in Year/ Actual sales in Base Year 4 of 18 Sales volume Volume x Average price 5 of 18 Market Growth Market Size in Year- Market Size in Previous Year/ Market SIve in Previous Years 6 of 18 Sales Growth Sales in Year- Sales in Previous Year/ Sales in Previous Year x 100 7 of 18 Market Share Sales of one product or brand/ Sales in Market (Total) x 100 8 of 18 Price Elasticity of Demand % change in Quantity demanded/ % change in price 9 of 18 Income Elasticity of Demand % change in Quantity demanded/ % change in income 10 of 18 Breakeven Point Fixed costs/ Contribution 11 of 18 Target Profit Output Fixed costs+ Target Profit/ Contribution per unit 12 of 18 Retention Rate No. of employees with more that 1 year service/ Overall workforce total 13 of 18 Labour Productivity Output/ No. employees 14 of 18 Labour Costs per units Total Labour Costs/ Total units of output 15 of 18 Labour Turnover No. employees leaving in a year/ Total no. of employees x 100 16 of 18 Labour Costs per unit Toatl Labour Costs/ Total units of output 17 of 18 Employees costs as % of turnover Employee costs/ Sales Turnover x 100 18 of 18
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