If the Capacity Ratio and Efficiency Ratio of a factory are 95% and 125% respectively, then Activity Ratio will be :
CS Executive · Corporate and Management Accounting · PYQS · December 2019
If the Capacity Ratio and Efficiency Ratio of a factory are 95% and 125% respectively, then Activity Ratio will be :
Answer & Explanation:
Correct Answer: Option (C)
Official answer key: (C).
Topics: Standard Costing
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