At the beginning of 2016 , Terrapin Company installed a JIT purchasing and manufacturing system . The following information has been gathered about...
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86. At the beginning of 2016, Terrapin Company installed a JIT purchasing and manufacturing system. The following information has been gathered about one of the company's products:

Theoretical annual capacity3,500Actual production1,800Production hours available700Actual conversion cost per hour $10The theoretical velocity per hour isa. 1.3 units.b. 4.5 units.c. 1.4 units.d. 5.0 units.
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Uploaded by: CLintEastwood11

Subject: Accounting, Business

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