Reliable Ltd. has given the following data : Budget Production = 800 Units Standard hours per unit = 25 Actual production = 576 units Actual Working = 12,000 hours What is the Efficiency Ratio ?
CS Executive · Corporate and Management Accounting · PYQS · June 2021
Reliable Ltd. has given the following data : Budget Production = 800 Units Standard hours per unit = 25 Actual production = 576 units Actual Working = 12,000 hours What is the Efficiency Ratio ?
Answer & Explanation:
Correct Answer: Option (B)
Official answer key: (B).
Topics: Management Accounting
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