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Q. |
Efficiency Ratio= |
A. | Number of actual working days in a period x 100 Number of working days in the budget period |
B. | Actual hours worked x 100 Budgeted hours |
C. | Standard hours for actual production x 100 Actual hours worked |
D. | Standard hours for actual productionx 100 Budgeted standard hours |
Answer» C. Standard hours for actual production x 100 Actual hours worked |
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