Discover Top Posts Tagged with #control ratios

What Are Control Ratios?

Photo by Chokniti Khongchum on Pexels.com The effective method for appraising the level of efficiency of the productive capacity of a business to labor is by the control ratio. Control ratios are an extension of basic variance analysis strictly restricted to fixed productive volume. Control ratios have three types. These are : Capacity ratio, 2. Efficiency ratio and, 3. Activity…