Injury Cost Calculator

Formula

The formula to calculate the Injury Cost (IC) is:

\[ IC = DL \times EPD \]

Where:

Injury Cost (IC): The total financial impact of an injury, calculated by multiplying the days lost to injury by the average earnings per day.
Total Days Lost to Injury (DL): The number of days an individual is unable to work due to injury.
Average Earnings Per Day (EPD): The average amount of money earned per day by an individual.

Let's say the total days lost to injury (DL) is 10 days, and the average earnings per day (EPD) is $150. Using the formula:

\[ IC = 10 \times 150 = 1500 \text{ dollars} \]

So, the injury cost is $1500.