Which of the following is the best explanation of the relevance of equivalent production units in process costing?

Question

TuteeHUB · Accepted Answer

The expression of losses in terms of an equivalent number of units of good production in order that their value may be calculat

TuteeHUB · Answer

A means of equalising production charged into stock each period.

TuteeHUB · Answer

The conversion partly completed units into an equivalent number of completed units in order that costs may be shared on an equitable basis.

1.	Which of the following is the best explanation of the relevance of equivalent production units in process costing?
A.	A means of equalising production charged into stock each period.
B.	The conversion partly completed units into an equivalent number of completed units in order that costs may be shared on an equitable basis.
C.	The expression of losses in terms of an equivalent number of units of good production in order that their value may be calculat
Answer» C. The expression of losses in terms of an equivalent number of units of good production in order that their value may be calculat

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