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)Lean manufacturing

Question

Quizplus · Accepted Answer

Equivalent units of production refers to the portion of whole units that are complete with respect to materials or conversion costs. This calculation is important in process costing to determine the cost per unit of production.

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