Using the data from the previous question, calculate the following performance measures: Data from previous question The

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Using the data from the previous question, calculate the following performance measures:

Data from previous question

The following information relates to Osprey Limited:

Budgeted production: 500 units.

Standard hours per unit: 10.

Actual production: 600 units.

Budgeted fixed overhead: £125,000.

Actual fixed overhead: £120,000.

Actual hours worked: 4900.

(a) Efficiency ratio
(b) Capacity ratio
(c) Production volume ratio.

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Accounting For Non Accounting Students

ISBN: 9781292286938

10th Edition

Authors: John Dyson, Ellie Franklin

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Question Posted: Dec 19, 2022 03:20 AM

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Using the data from the previous question, calculate the following performance measures: Data from previous question The

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