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Earn +20 ptsQ: What is staff cost ratio?
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What is cost ratio calculated by?
Cost Ratio = expenses/earnings
What are the formula to calculate staff cost percentages?
It is 100*staff costs/total costs.
What does staffing ratios mean?
In schools, for example, it is usually expressed as the number of students per teacher. In any case, ratio means comparing one number to another, so staffing ratio compares number of students to number of staff (teachers).
A company has sold 11300 units for a total sales revenue of 88140 variable cost and fixed cost are 4.29 and 2.73 per unit respectively what is the sales contribution ratio?
Total Sales Revenue = 88140 Total Cost = 11300 * (4.29+2.73) = 79326 Total Variable Cost = 79326 * 4.29 / (4.29+2.73) = 48477 Contribution Margin Ratio = 48477 / 88140 = .55 or 55 %
What is the ratio of Two triangles that are similar and have a ratio of similarity of 310 what is the ratio of their areas?
If the ratio of similarity is 310, then the ratio of their area is 96100.
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