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The formula for computing Manufacturing Cycle Efficiency (MCE) is a.Cycle time per unit velocity....

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Accounting

The formula for computing Manufacturing Cycle Efficiency (MCE) is

a.Cycle time per unit velocity.

b.Theoretical Capacity / Production hours available.

c.Processing Time / (Processing time + Move time + Inspection time + Waiting time + Other non-value-added time).

d.None of these choices are correct.

At the beginning of 2018, Terrapin Company installed a JIT purchasing and manufacturing system. The following information has been gathered about one of the company's products:

Theoretical annual capacity 3,500
Actual production 1,800
Production hours available 700
Actual conversion cost per hour $10

What is the ideal conversion cost per unit?

a.$1.02 per unit.

b.$2.00 per unit.

c.$32 per unit.

d.$29.10 per unit.

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