Question
Silverstone Ltd. Budgets to make 25,000 standard units of output during a budget period of 125,000 hours. Actual output during the period amounted to 30,000
Silverstone Ltd. Budgets to make 25,000 standard units of output during a budget period of 125,000 hours. Actual output during the period amounted to 30,000 units, which took 145,000 hours to produce.
(a)What is the efficiency ratio?
(b)What is the capacity ratio?
(c)What is the production volume ratio?
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College Accounting
Authors: Heintz and Parry
20th Edition
1285892070, 538489669, 9781111790301, 978-1285892078, 9780538489669, 1111790302, 978-0538745192
