COST ACCOUNTING
INTRODUCTION TO COST ACCOUNTING
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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When standard output is 10 units per hour and actual output is 12 units per hour, the efficiency is?
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80%
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100%
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83.33%
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120%
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Explanation:
Detailed explanation-1: -1:-When standard output is 10 units per hour and actual output is 12 units per hour, the efficiency is Standard output is 100 units per day of 8 hours and the piece rates are 20 paise per unit and 15 paise per unit under Taylor’s differential piece rate system.
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