Labour Control Ratios Flashcards
1
Q
Labour Efficiency
A
Standard hours of actual production \ Actual hours worked x 100%
2
Q
Capacity Ratio
A
Actual hours worked / Budgeted hours x 100%
3
Q
Idle time
A
Idle hours / Total hours x 100%
4
Q
Labour turnover
A
Number of leavers who require a replacement / Average number of employees x 100%
5
Q
Labour activity
A
Standard hours of actual production / budgeted hours x 100%