Equivalent units reflect:
A) All of the units produced in a period
B) The amount of work that could have been completed if all effort had gone to complete whole units instead of partially completed units
C) Only the units that are partially complete at the end of the period
D) Only the units that are partially complete at the beginning of the period

Question

Quizplus · Accepted Answer

Equivalent units reflect the amount of work that could have been completed if all effort had gone to complete whole units instead of partially completed units. It takes into account both the completed units and partially completed units in the production process.

Equivalent Units Reflect