A report prepared by a processing department for equivalent units of production,production costs,and the assignment of those costs to the completed and in-process units is called a(n)________.
A) organizational report
B) equivalent units report
C) job costing report
D) production cost report

Question

Quizplus · Accepted Answer

A production cost report summarizes the flow of units through a department, calculates equivalent units of production, and assigns costs to completed and in-process units, making it the correct answer.

A Report Prepared by a Processing Department for Equivalent Units