In a production cost report, ________ includes the number of units completed and transferred out of a process and the number of units remaining in ending work-in-process.
A)total units estimated for
B)total units budgeted for
C)total units accounted for
D)total units to account for

Question

Quizplus · Accepted Answer

Total units accounted for includes all units that have been accounted for in the production process, including those that have been completed and transferred out and those that are still in ending work-in-process. Total units estimated for or budgeted for may be used in the planning stages, but they are not relevant to a cost report. Total units to account for refers to the total units that should have been accounted for, but does not include units that are already accounted for.

In a Production Cost Report, ________ Includes the Number of Units