The following details are given for March 2022: Budgeted production 200 units. Actual production 250 units. Budgeted working days 24 Actual days worked 27 Standard time per unit 1.2 hours Actual hours worked 194 The cale

CS Executive · Corporate and Management Accounting · PYQS · December 2022
The following details are given for March 2022: Budgeted production 200 units. Actual production 250 units. Budgeted working days 24 Actual days worked 27 Standard time per unit 1.2 hours Actual hours worked 194 The calendar ratio is :
(A) 88.89%
(B) 125%
(C) 112.5%
(D) 154.6%

Answer & Explanation:

Correct Answer: Option (C)

Official answer key: (C).

Topics: Management Accounting

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