I am seeing a problem for a 12.0 customer using lot costing, they are in testing phase after switching from standard costing. They find that resources in a batch are not costed correctly as program is not converting minutes to hours before multiplying by resource cost. I Checked UOM's they do have a Std UOM Conversion factor setup for minutes = .016667 hours.
They have applied the latest Financials patches.
Are there other setup locations to check for profiles or UOM? Client is just starting to work with adding resources to their batches etc so they have not experienced this before in their existing instance.