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The following information relates to a small production unit during a period. Budgeted hours 9,500 hours Actual hours worked 9,200 hours Standard hours of work

The following information relates to a small production unit during a period.

Budgeted hours 9,500 hours

Actual hours worked 9,200 hours

Standard hours of work produced 9,300 hours

What is the efficiency ratio for the period?

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