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Other Fields Homework Help Economics Topic started by: dxpayne on Nov 7, 2017



Title: Which of the following is FALSE concerning equivalent units?
Post by: dxpayne on Nov 7, 2017
Which of the following is FALSE concerning equivalent units?
A) Equivalent units are calculated separately for each cost category.
B) Equivalent units are equal to physical units.
C) Equivalent units measure output in terms of the physical quantities of the inputs consumed.
D) Equivalent units are necessary when process costing is used.
E) The number of equivalent units may be identical for direct materials and for conversion costs.


Title: Re: Which of the following is FALSE concerning equivalent units?
Post by: pacho on Nov 7, 2017
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Title: Re: Which of the following is FALSE concerning equivalent units?
Post by: dxpayne on Aug 20, 2018
Shared this answer this my study group, thank you for helping us out