General Studies · Cost Accounting - Labour Performance Ratios
Which of the following formulae can be used for calculating the labour efficiency ratio?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Actual hours ÷ Expected hours to make actual output
- 2Budgeted hours ÷ Actual hours
- 3Expected hours to make actual output ÷ Actual hours✓
- 4Expected hours to make actual output ÷ Budgeted hours
Correct answer
Expected hours to make actual output ÷ Actual hours
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