unit 4 formulas Flashcards
1
Q
CAPACITY UTILISATION (%)
A
ACTUAL OUTPUT IN A SET TIME PERIOD
—————————————— x100 MAXIMUM POSSIBLE OUTPUT IN THAT TIME PERIOD
2
Q
Output per employee
A
Total value of output
———————————–
Total number of employees
3
Q
UNIT COST
A
= TOTAL COST OF [RODUCTION
UNITS OF OUTPUT PRODUCED