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Product K is made in a production process where machine time is a bottleneck resource. One unit of K requires 0.6 machine hours. The costs

Product K is made in a production process where machine time is a bottleneck resource. One unit of K requires 0.6 machine hours. The costs and selling price of Product K are as follows:

Materials

15

Labour (0.5 hours)

9

Other factory costs

1

Total

25

Sales price

32

Profit

7

In a system of throughput accounting, what is the throughput accounting ratio for Product K? Give your answer to 1 decimal point.

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