unit 4 formulas Flashcards by Freddie Spavins

Q

CAPACITY UTILISATION (%)

A

ACTUAL OUTPUT IN A SET TIME PERIOD
—————————————— x100 MAXIMUM POSSIBLE OUTPUT IN THAT TIME PERIOD

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Q

Output per employee

A

Total value of output
———————————–
Total number of employees

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Q

UNIT COST

A

= TOTAL COST OF [RODUCTION
UNITS OF OUTPUT PRODUCED

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