Budgeted standard hours of a factory are 15,000. The capacity utilisation ratio for May, 2016 is 85% and efficiency ratio for the month is 120%. The standard hours for actual production in the month will be —
CS Executive · Cost and Management Accounting · PYQS · December 2016
Budgeted standard hours of a factory are 15,000. The capacity utilisation ratio for May, 2016 is 85% and efficiency ratio for the month is 120%. The standard hours for actual production in the month will be —
Answer & Explanation:
Correct Answer: Option (C)
Official answer key: (C).
Topics: Cost Accounting
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