The following data was recorded last period for production department that under the management of Mr. Cobblepot. Budgeted labour hours = 2,700 hours Number of units of product X manufactured = 350 units Number of units of product Y manufactured = 400 units Standard hours to produce one unit of X = 3 hours Standard hours to produce one unit of Y = 4 hours Actual labour hours worked = 3,110 hours In order to measure the productivity of a labour , calculate the efficiency ratio ? show solution
The following data was recorded last period for production department that under the management of Mr. Cobblepot. Budgeted labour hours = 2,700 hours Number of units of product X manufactured = 350 units Number of units of product Y manufactured = 400 units Standard hours to produce one unit of X = 3 hours Standard hours to produce one unit of Y = 4 hours Actual labour hours worked = 3,110 hours In order to measure the productivity of a labour , calculate the efficiency ratio ? show solution
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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The following data was recorded last period for production department that under the management of Mr. Cobblepot.
Budgeted labour hours = 2,700 hours
Number of units of product X manufactured = 350 units
Number of units of product Y manufactured = 400 units
Standard hours to produce one unit of X = 3 hours
Standard hours to produce one unit of Y = 4 hours
Actual labour hours worked = 3,110 hours
In order to measure the productivity of a labour , calculate the efficiency ratio ? show solution
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