The formula for calculating the full labor productivity of an enterprise is: full labor productivity = value added in industry / average number of all employees. There are two kinds of algorithms:

1. Direct (indirect) algorithm of labor productivity: Calculated in terms of the number of products produced or sales per unit of time. Labor productivity of industrial enterprises = the number of products / production time? Labor productivity of commercial enterprises = sales / number of sales.

2, the inverse algorithm of labor productivity: calculated in terms of man-hours consumed by workers to produce a unit of product, that is: ? Labor productivity = production time / number of products? Description: the larger the value of the direct (indirect) algorithm, that is, the more products produced per unit of time, the higher the labor productivity? The smaller the result of the inverse algorithm, the fewer man-hours consumed to produce a product, and of course the higher the labor productivity.

Other formulas:

Gross Industrial Product = Revenue from Main Business for the month + Ending Balance of Inventory Commodities - Opening Balance of Inventory Commodities.

Revenue from sales in the month = Quantity sold in the month x Unit price sold in the month.

Inventory goods closing balance = inventory goods closing quantity × unit price of sales for the month.

Beginning balance of inventory = Beginning quantity of inventory x unit price of sales for the month.