Two articles A and B are produced in a factory. Their specifications show that 4 units of A or 2 units of B can be produced in one hour. The budgeted production for January, 2015 is 800 units of A and 200 units of B. The
CS Executive · Cost and Management Accounting · PYQS · June 2016
Two articles A and B are produced in a factory. Their specifications show that 4 units of A or 2 units of B can be produced in one hour. The budgeted production for January, 2015 is 800 units of A and 200 units of B. The actual production for the month was 900 units of A and 180 units of B. Actual labour hours spent were 350. The efficiency ratio for January, 2015 is —
Answer & Explanation:
Correct Answer: Option (C)
Official answer key: (C).
Topics: Labour Costing
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