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What is the ideal conversion cost per unit

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Reference no: EM132891028

At the beginning of 2021, Smith Company installed a JIT purchasing and manufacturing system. The following information has been gathered about one of the company's products:

Theoretical annual capacity 4,000

Actual production 3,600

Production hours available 2,000

Conversion cost per hour P28

Problem 1: What is the ideal conversion cost per unit?

a. P50.90 per unit

b. P56.00 per unit

c. P14.0 per unit

d. P15.55 per unit

Reference no: EM132891028

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