Enter the direct costs of the accident ($) and the indirect costs of the accident ($) into the Calculator. The calculator will evaluate the Cost Of Accidents At Work. 

Cost Of Accidents At Work Formula

COA = DC + IC

Variables:

  • COA is the Cost Of Accidents At Work ($)
  • DC is the direct costs of the accident ($)
  • IC is the indirect costs of the accident ($)

To calculate the Cost Of Accidents At Work, sum all of the direct and indirect costs of the accident.

How to Calculate Cost Of Accidents At Work?

The following steps outline how to calculate the Cost Of Accidents At Work.

  1. First, determine the direct costs of the accident ($). 
  2. Next, determine the indirect costs of the accident ($). 
  3. Next, gather the formula from above = COA = DC + IC.
  4. Finally, calculate the Cost Of Accidents At Work.
  5. After inserting the variables and calculating the result, check your answer with the calculator above.

Example Problem : 

Use the following variables as an example problem to test your knowledge.

direct costs of the accident ($) = 1000

indirect costs of the accident ($) = 2000