A measure of the amount of work done,expressed in complete units of output is:
A)job costing.
B)process costing.
C)equivalent units
D)conversion costs.

Question

Quizplus · Accepted Answer

Equivalent units represent the amount of work done in terms of complete units of output, taking into account the degree of completion of units in process. This is commonly used in process costing. Job costing refers to the accounting method used to track the costs of a specific job or project. Conversion costs refer to the costs involved in converting raw materials into finished goods.

A Measure of the Amount of Work Done,expressed in Complete