Determine the Following Ratio

question 82

Multiple Choice

Determine the following ratio. Write the ratio as a fraction in lowest terms.
-159 minutes to 6 hours

• A) 159:6
• B) 120:53
• C) 53:120
• D) 6:159

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Definitions:

Factory Overhead

The indirect costs associated with manufacturing, such as utilities, maintenance, and salaries for management.

Budgeted Amount

Financial projections or planned amounts set aside for specific purposes, revenues, or expenses during a budget period.

Quantity Variance

The difference between the expected amount of materials or products required for production and the actual amount used, affecting budget or efficiency evaluations.

Direct Materials

Raw materials that are directly traceable to the manufacturing of a product.