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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