To compute the equivalent units of production, actual units in process are multiplied by the lowest level of completion of those units.

Question

Quizplus · Accepted Answer

To compute the equivalent units of production, actual units in process are multiplied by their respective percentage of completion, not necessarily the lowest level of completion. This calculation provides a measure of the effective output in terms of fully completed units.

To Compute the Equivalent Units of Production, Actual Units in Process