Equivalent units of production are the a. portion of whole units that are complete with respect to materials or conversion costs. b. number of units in production during a period, whether completed or not. c. portion of whole units that are complete with respect to materials or selling costs. d. portion of whole units that are complete with respect to factory overhead costs.

Question

Kyle Foley

Social Studies

13 April, 06:52

Equivalent units of production are the a. portion of whole units that are complete with respect to materials or conversion costs. b. number of units in production during a period, whether completed or not. c. portion of whole units that are complete with respect to materials or selling costs. d. portion of whole units that are complete with respect to factory overhead costs.

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Abbie Cardenas · Answer 1

(A). Portion of whole units that are complete with respect to materials or conversion costs

Explanation:

During production within a period, there is always a total number of units involved in the production process whether the process is complete or incomplete. These units are known as the whole units.

Equivalent units are that portion of the whole units that are complete when the cost of materials or conversion costs are taken into consideration.