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Labor Ratios

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA MA – FIA FMA › Labor Ratios

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  • August 14, 2021 at 5:35 pm #631578
    Avatarmaximus07
    Participant

    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
    AvatarJohn Moffat
    Keymaster

    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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