d. Creamie Co's budgeted and actual results for the month of June is as follows: Budget Actual Production units 500,000 units 540,000 units Production hours 100,000 hours 124,200 hours Required: Calculate for the month of June, the following ratios and briefly explain what these ratios indicate about Creamie's labour performance: i. Efficiency ratio (3 marks) ii. Capacity utilisation ratio (3 marks) iii. Production volume ratio (3 marks) (Total: 20 marks)