Equivalent units of production are the
A) Number of units a company produced during a specified time period
B) Number of units a company worked on during a specified time period
C) Same as the number of units started and completed during a specified time period
D) Number of whole units a company could have produced during a specified time period if it would have produced only whole units

Question

Quizplus · Accepted Answer

Equivalent units of production represent the number of complete units that could have been produced given the amount of work done, accounting for partially completed units.

Equivalent Units of Production Are the