Page 432 - F2 - MA Integrated Workbook STUDENT 2018-19

Chapter 16

Test your understanding 9

During a period, the actual hours worked by professional staff totalled 3,471.
Budgeted hours were 3,630. The standard hours for the work totalled 3,502.

Calculate the following: (each to one decimal place).

Production/volume ratio %

Capacity ratio %

Efficiency ratio %

Illustrations and further practice

Now try TYU question 6 from Chapter 16

424