Equivalent units of output are the complete units that could have been produced given the total amount of manufacturing effort expended for the period under consideration.

Question

Quizplus · Accepted Answer

Equivalent units of output take into account the amount of partially completed units, in terms of their percentage of completion, to calculate the total number of completed units that could have been produced during the period. Therefore, the statement is true.

Equivalent Units of Output Are the Complete Units That Could