Which of the following represents a correct sequence in preparing a departmental production report?
A) Analysis of physical flow of units, computation of unit costs, calculation of equivalent units and analysis of total costs
B) Analysis of physical flow of units, calculation of equivalent units, computation of unit costs and analysis of total costs
C) Analysis of total costs, calculation of equivalent units, computation of unit costs and analysis of physical flow of units
D) Analysis of total costs, analysis of physical flow of units, computation of unit costs and calculation of equivalent units

Question

Quizplus · Accepted Answer

The correct sequence for preparing a departmental production report is to first analyze the physical flow of units, then calculate equivalent units, followed by computing unit costs and analyzing total costs. This sequence ensures that all necessary information is gathered and calculated before a final analysis of costs is conducted. Choice A is incorrect because the computation of unit costs should be done before the calculation of equivalent units. Choices C and D are incorrect because analyzing total costs should be done after computing unit costs and calculating equivalent units.

Which of the Following Represents a Correct Sequence in Preparing