Equivalent units of production are equal to:
A)The number of units that could have been started and completed given the costs incurred during the period.
B)The number of finished units actually produced during a period.
C)The number of units started into the process during a period.
D)The number of units still in process at the end of a period.
E)Physical units that were started and completed during a period.

Question

Quizplus · Accepted Answer

Equivalent units of production represent the number of units that could have been completed given the costs incurred, accounting for both completed and partially completed units.

Equivalent Units of Production Are Equal To