Peters Manufacturing Co

question 111

Essay

Peters Manufacturing Co.operates in a lean manufacturing environment.The company had scheduled production of 95,000 units during February in its Y12 cell.Actual February production totaled 88,200 units.Peters had budgeted conversion costs for February totaling $900,000 and budgeted production hours totaling 2,000.
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Compute Peters' budgeted cell conversion cost per unit for Cell Y12.

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Definitions:

Leadership Positions

Leadership Positions refer to roles within organizations or groups that have the authority and responsibility to guide, direct, and influence others.

Variance

A statistical measure that represents the dispersion or spread of a set of data points.

Genetics

The exploration of how genetic traits are inherited and how these traits differ among offspring.

Epigenetics

The study of how behaviors and environment can cause changes that affect the way genes work, without altering the DNA sequence.