_____ units are the number of completed units that could have been produced from the inputs applied.
A)Equivalent
B)Physical
C)Partial
D)Conversion

Question

Quizplus · Accepted Answer

Equivalent units refer to the number of completed units that could have been produced from the inputs applied, taking into account the degree of completion of the units in process. This concept is often used in process costing to determine the cost per unit produced. Physical units refer to the actual number of units completed, while partial units refer to units that are partially completed but still in the production process. Conversion units refer to the number of units that have been completed in the current period but have not yet been transferred out of the production process. Therefore, the best choice for this question is A) Equivalent.

_____ Units Are the Number of Completed Units That Could