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dxpayne dxpayne
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6 years ago
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.
Textbook 
Cost Accounting: A Managerial Emphasis, Canadian Edition

Cost Accounting: A Managerial Emphasis, Canadian Edition


Edition: 7th
Authors:
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pachopacho
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6 years ago
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-Michigan State University

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dxpayne Author
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#2
5 years ago
Shared this answer this my study group, thank you for helping us out
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