vega Inc dealing with soft toys and it has provided the following details where it needs to calculate Efficiency and Capacity ratio of the unit: Budgeted production  = 80 units Actual production= 60 units Standard time per unit=8 hours Actual hours worked= 500 hours.

FINANCIAL ACCOUNTING
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Chapter1: Financial Statements And Business Decisions
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vega Inc dealing with soft toys and it has provided the following details where it needs to calculate Efficiency and Capacity ratio of the unit:

Budgeted production  = 80 units

Actual production= 60 units

Standard time per unit=8 hours

Actual hours worked= 500 hours.

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