For direct labor, something above 85% is exceptional. Typically this is computed by presuming there are 8 full-time work hours per day, less two 15 minute breaks and one 30 minute lunch break, or 7 hours divided by 8 hours (about 87.5%). This would be a perfect world situation with zero overtime, zero downtime, and no interruptions.
cost of direct material, direct labor, and other overhead items devoted to the production of a good or service.
COG stands for cost of goods. Cost of goods are the direct costs attributable to the production of the goods sold by a company. This amount includes the cost of the materials used in creating the good along with the direct labor costs used to produce the good.
how to set the ratio of labor to capital in the production process
Activity Ratios or Efficiency Ratios are used to measure the effectiveness of a firm's use of resources. Good companies would always put their resources to optimum utilization. Better the activity or efficiency ratio, the better it is for the company and it means the company is utilizing its resources properly and effectively. The ratios that come under this category are: 1. Average Collection Period 2. Degree of Operating Leverage 3. Days Sales Outstanding Ratio 4. Average payment period 5. Asset Turnover Ratio 6. Stock Turnover Ratio 7. Receivables Turnover Ratio
A 12,000:1 contrast ratio is good, but a 50,000:1 would be better.
axial ratio is a prarameter for determining how good circular polarisation
32:1 is a good ratio.
High utilization will not help you when it comes to getting good interest rate.
After enough years the ratio of survival of everything will turn to zero.
Florida labor laws are good for many reasons. Like other labor laws, they guarantee a minimum wage for certain jobs, restrict child labor from happening, and it makes Florida a "right to work" state.
Good debt to equity ratio would be where your Weighted Average Cost of Capital is minimum. You can also see industry standards.
The Department of Labor recently proposed a new law. Labor Day is a day to thank the work force.