Teaching UGC NET Mock Test Series 2025 (Paper 1 & 2) Accountancy Financial Statement Analysis Ratio analysis
From the information given below, find out the efficiency ratio of the firm's operations:
Budgeted production: 880 Units, Actual production: 750
Units Standard hours per unit: 10 hours, Actual working hours: 6000 hours
1
125%
2
80%
3
75%
4
120%