If the Activity Ratio and Efficiency Ratio of a factory are 80% and 66.67% respectively, then the Capacity Ratio will be :

CS Executive · Corporate and Management Accounting · PYQS · June 2022
If the Activity Ratio and Efficiency Ratio of a factory are 80% and 66.67% respectively, then the Capacity Ratio will be :
(A) 75%
(B) 94%
(C) 100%
(D) 120%

Answer & Explanation:

Correct Answer: Option (D)

Official answer key: (D).

Topics: Management Accounting

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