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Profit Per Component is the net profit the machine shop makes when it delivers one produced component. Check FAQs
P=S-Cpr
P - Profit Per Component?S - Amount Received For Each Component?Cpr - Production Cost of Each Component?

Profit per component produced Example

With values
With units
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Here is how the Profit per component produced equation looks like with Values.

Here is how the Profit per component produced equation looks like with Units.

Here is how the Profit per component produced equation looks like.

5000Edit=20000Edit-15000Edit
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Profit per component produced Solution

Follow our step by step solution on how to calculate Profit per component produced?

FIRST Step Consider the formula
P=S-Cpr
Next Step Substitute values of Variables
∴ P=20000-15000
Next Step Prepare to Evaluate
∴ P=20000-15000
LAST Step Evaluate
∴P=5000

Profit per component produced Formula Elements

Variables
Profit Per Component
Profit Per Component is the net profit the machine shop makes when it delivers one produced component.
Symbol: P
Measurement: NAUnit: Unitless
Note: Value should be greater than 0.
Formulas to find Profit Per ComponentOpen Variable
Amount Received For Each Component
Amount Received For Each Component is the amount of money the machine shop receives for machining each component.
Symbol: S
Measurement: NAUnit: Unitless
Note: Value should be greater than 0.
Formulas to find Amount Received For Each ComponentOpen Variable
Production Cost of Each Component
Production Cost of Each Component is the total amount that it takes to produce a single component from scratch.
Symbol: Cpr
Measurement: NAUnit: Unitless
Note: Value should be greater than 0.
Formulas to find Production Cost of Each ComponentOpen Variable

Other Formulas to find Profit Per Component

​Go Profit per Component produced given Profit Rate
P=tp⋅MPR

Other formulas in Maximum Efficiency category

​Go Cost of Production given Profit per Component
Cpr=S-P
​Go Amount Received by Machine Shop given Profit per Component
S=P+Cpr
​Go Rate of Profit
MPR=S-Cprtp
​Go Production Time per component given Profit Rate
tp=S-CprMPR

How to Evaluate Profit per component produced?

Profit per component produced evaluator uses Profit Per Component = Amount Received For Each Component-Production Cost of Each Component to evaluate the Profit Per Component, The Profit per component produced is defined as the profit the machine shop makes on delivering a single produced component. Profit Per Component is denoted by P symbol.

How to evaluate Profit per component produced using this online evaluator? To use this online evaluator for Profit per component produced, enter Amount Received For Each Component (S) & Production Cost of Each Component (Cpr) and hit the calculate button.

FAQs on Profit per component produced

What is the formula to find Profit per component produced?
The formula of Profit per component produced is expressed as Profit Per Component = Amount Received For Each Component-Production Cost of Each Component. Here is an example- 5000 = 20000-15000.
How to calculate Profit per component produced?
With Amount Received For Each Component (S) & Production Cost of Each Component (Cpr) we can find Profit per component produced using the formula - Profit Per Component = Amount Received For Each Component-Production Cost of Each Component.
What are the other ways to Calculate Profit Per Component?
Here are the different ways to Calculate Profit Per Component-
  • Profit Per Component=Average Production Time*Maximum Profit RateOpenImg
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