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Labor Ratios

This topic has 1 reply, 2 voices, and was last updated 3 years ago by John Moffat.

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August 14, 2021 at 5:35 pm #631578
maximus07
Participant
- Topics: 446
- Replies: 437
Sir please solve this question. It will clear my concept. It will take you several minutes but would be very much beneficial for me. Thank you.
Question (I have made for concepts)
Budgeted hours – 12000
Budgeted Units – 4000
Actual hours – 14000
Actual units – 4500
Labor is said to be idle for 1500 hours.
Find:
(A) Efficiency Ratio
(B) Capacity utilisation Ratio
(C) Production Volume ratio
August 15, 2021 at 11:49 am #631627
John Moffat
Keymaster
- Topics: 57
- Replies: 54705
Sorry, but we do not provide answers to questions like this. Practice questions in your Revision Kit – they have answers and explanations.
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