Actual Hours – NBC Institute

MI – May 2024 – L1 – SA – Q7 – Costing Techniques

Tests understanding of the calculation method for efficiency ratios using standard and actual hours worked.

Question

Which of the following control ratios is given by standard hours produced divided by actual hours worked? A. Activity ratio
B. Overhead efficiency ratio
C. Volume ratio
D. Capacity ratio
E. Efficiency ratio

Answer

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Tags: Actual Hours, Control Ratios, Efficiency Ratio, Performance metrics, Standard Hours
Level: Level 1

Topic: Costing Techniques
Series: MAY 2024

Question Tag: Actual Hours

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MI – May 2024 – L1 – SA – Q7 – Costing Techniques

Tests understanding of the calculation method for efficiency ratios using standard and actual hours worked.

MI – May 2024 – L1 – SA – Q7 – Costing Techniques

Tests understanding of the calculation method for efficiency ratios using standard and actual hours worked.

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Question Tag: Actual Hours

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MI – May 2024 – L1 – SA – Q7 – Costing Techniques

Tests understanding of the calculation method for efficiency ratios using standard and actual hours worked.

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MI – May 2024 – L1 – SA – Q7 – Costing Techniques

Tests understanding of the calculation method for efficiency ratios using standard and actual hours worked.

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