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In which year were the overheads, as a percentage of the raw material, maximum?
Ratio in 1992 = $$\frac{25}{50}$$ = 0.5
Ratio in 1993 = $$\frac{25}{60}$$ = 0.4167
Ratio in 1994 = $$\frac{30}{70}$$ = 0.428
Ratio in 1995 = $$\frac{30}{80}$$ = 0.375
Hence, overheads, as a percentage of raw material, is maximum in 1992.
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