Equivalent units expresses all activity of the period in terms of
A)direct labor hours.
B)partially completed units.
C)fully completed units.
D)units of input.

Question

Quizplus · Accepted Answer

Equivalent units expresses all activity of the period in terms of fully completed units, which includes units that have been completed during the period and those that were already partially completed at the beginning of the period. This metric helps to provide a more accurate picture of production activity and costs.

Equivalent Units Expresses All Activity of the Period in Terms