Under process costing,the number of units to account for must always be ________ the number of units accounted for.
A) greater than
B) lesser than
C) equal to
D) twice

Question

Quizplus · Accepted Answer

In process costing, the number of units to account for is the sum of units in beginning work in process inventory and units started during the period. The number of units accounted for is the sum of units completed and transferred out, as well as units in ending work in process inventory. These two numbers should be equal, as all units started must either be completed and transferred out or be in ending work in process inventory.

Under Process Costing,the Number of Units to Account for Must