How is the cost per equivalent unit calculated?
A)Total costs to account for divided by total equivalent units
B)Total equivalent units divided by total cost to account for
C)Total estimated costs to account for divided by number of units completed
D)Total product costs divided by equivalent units

Question

Quizplus · Accepted Answer

The cost per equivalent unit is calculated by dividing the total costs to account for by the total equivalent units. This gives the cost per unit of production, which can be useful in determining the cost of goods sold and other financial metrics.

How Is the Cost Per Equivalent Unit Calculated