The following data refers to a process: Material input from previous process: 4,000 litres at a cost of £5,400 Conversion costs: • Labour - £900 • Overheads - £1,124 Normal losses are 12% of input which may be scrapped for £0.80 per litre. What is the cost per unit of the process? a)  £2.00 per litre b)  £1.86 per litre c)  £0.41 per litre d)  £14.60 per litre

Cycle Time and Velocity Bemidii Company has the following data for one of its production departments: Theoretical velocity: 620 units per hour Productive minutes available per year: 31,000,000 Annual conversion costs: $186,000,000 Actual velocity: 310 units per hour Required: 1. Calculate the actual conversion cost per unit using actual cycle time and the standard cost per minute. Round your actual cycle time answer to three decimal places and your cost per unit answer to the nearest cent. Actual cycle time Standard cost per minute Conversion cost per unit 2. Calculate the ideal conversion cost per unit using theoretical cycle time and the standard cost per minute. If required, round your intermediate calculations and final answers to two decimal places. Theoretical cycle time minutes per unit per unit Conversion cost per unit What incentive exists for managers when cycle time costing is used? minutes per unit $ per minute per unit 3. What if the actual velocity is 434 units per hour?…

In Mordica Company, total materials costs are $ 33,000, and total conversion costs are $ 54,000. Equivalent units of production are materials  10,000 and conversion costs  12,000.     Compute the unit costs for materials and conversion costs. (Round answers to 2 decimal places, e.g. 2.25.) Materials cost per unit   $ enter a dollar amount rounded to 2 decimal places Conversion cost per unit   $ enter a dollar amount rounded to 2 decimal places                         Compute total manufacturing costs. (Round answer to 2 decimal places, e.g. 2.25.) Total manufacturing cost per unit   $ enter the Total manufacturing cost per unit in dollars rounded to 2 decimal places

Conversion cost per unit equals $11.00. Total materials costs are $80500. Equivalent units of production for materials are 40250. How much is the total manufacturing cost per unit? $2.00. $13.00. $9.00. $11.00.