Equivalent units of production is an expression of the number of units that would have been started and finished if all of the effort were directed at that purpose.

Question

Quizplus · Accepted Answer

Equivalent units of production take into account the fact that not all units may have been started or finished at the same time, and calculates the equivalent number of units that could have been produced if all resources were focused on production.

Equivalent Units of Production Is an Expression of the Number