Productivity And Efficiency Ratios Flashcards
1
Q
Productivity
A
Output in the period
————————————-
Hours worked in the period
2
Q
Labour efficiency ratio
A
Expected standard hours to make actual production
———————————————x100
Actual hours worked to make actual production
3
Q
Labour capacity ratio
A
Actual hours worked to make actual output
——————————————x100
Budgeted hours
4
Q
Labour activity ratio using hours
A
Expected standard hours to make actual output
———————————————x100
Budgeted hours
5
Q
Labour activity ratio using units
A
Actual volume of output
———————————-x100
Budgeted volume of output