MCQOPTIONS
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| 1. |
Equivalent units of production are equal to |
| A. | number of whole units that could have been completed if all work of the period had been used to produce whole units |
| B. | identifiable units existing at the end of the period in a production department |
| C. | units completed by a production department in the period |
| D. | number of units worked on during the period by a production department |
| Answer» B. identifiable units existing at the end of the period in a production department | |