Monster's ATK/M.ATK..

Is there a formula to determine the damage output?

For ex. 36 mob with 300 atk/matk and a 70 mob with 362 matk/atk. They do different touch/matk damage. Also, are 34 levels apart.

Is level part of this equation / just curious how to determine. Thanks!

http://www.southperry.net/showthread.php?t=31480

Go to "How Mob Damage Works"
Unless it changed after Chaos, we don't have detailed info or formulas for that though.