COST ACCOUNTING
PERFORMANCE MEASUREMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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The budgeted output for a period is 1, 500 units and the standard time allowedper unit is 30 minutes. The actual output in the period was 1, 400 units andthese were produced in 720 hours.Calculate the production/volume ratio
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97.2%
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93.3%
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96%
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95.8%
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Explanation:
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