Match each phrase that follows with the term a-e it describes.
-the portion of whole units that are complete with respect to materials or conversion costs
A)cost of production report
B)equivalent units of production
C)manufacturing cells
D)yield
E)just-in-time processing

Question

Quizplus · Accepted Answer

Equivalent units of production are the portion of whole units that are complete with respect to materials or conversion costs.

Note: The other options are not related to this definition - cost of production report is a document that summarizes the costs incurred during production; manufacturing cells refer to arranging production in a way that groups together similar products or processes; yield is the amount of finished products that are obtained from raw materials; just-in-time processing is a production strategy that aims to reduce inventory and increase efficiency.

Match Each Phrase That Follows with the Term A-E It