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If the total number of units produced was 800,000 and the Printing department spent $90,000 on
Lease Purchase agreements, what was the approximate ratio of units produced to total machinery
spend for the Printing department?
Correct answer: C
Explanation
Total units produced = 800,000
Amount spent on lease purchase agreement = 90,000
% spent on loan purchase for printing dept = 45 % Let amount spent on printing be x
0.45x = 90000
X= 200,000
Requi ed ratio is 800,000 : 200,000
= 4 : 1
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