Examlex

Solved

The Efficiency of a Factory Is 75% and Its Utilization

question 69

Essay

The efficiency of a factory is 75% and its utilization 50%. If design capacity is 1000, find effective capacity.


Definitions:

Service Revenues

Income earned by a company for the services it provides to customers, excluding goods sold.

Owner's Drawing

Refers to the withdrawal of cash or other assets from a business by the owner for personal use.

Owner's Investment

The total amount of money or assets that an owner puts into his or her business.

Equipment

Physical assets used in the operation of a business to produce goods or services.

Related Questions