Assuming that the output of the safety company for the production and sale of fire control systems amounted to 3000 units in 2020, and that the value of the actual inputs to the company amounted to 1,300,000 dinars, and the planned production for the year 2020 amounted to 3,500 units. Calculate the efficiency and effectiveness of the safety company in 2020, if you know that the percentage of damage in production is 15%.

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Assuming that the output
of the safety company for
the production and sale
of fire control systems
amounted to 3000 units
in 2020, and that the value
of the actual inputs to the
company amounted to
1,300,000 dinars, and the
planned production for the
year 2020 amounted to
3,500 units. Calculate the
efficiency and effectiveness
of the safety company in
2020, if you know that the
percentage of damage in
production is 15%.
Transcribed Image Text:Assuming that the output of the safety company for the production and sale of fire control systems amounted to 3000 units in 2020, and that the value of the actual inputs to the company amounted to 1,300,000 dinars, and the planned production for the year 2020 amounted to 3,500 units. Calculate the efficiency and effectiveness of the safety company in 2020, if you know that the percentage of damage in production is 15%.
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