Equivalent production is also called
A) conversion costs.
B) completed work cell unit.
C) equivalent units.
D) percentage-of-completion.

Question

Quizplus · Accepted Answer

Equivalent production refers to the number of completed units that would have been produced if all of the resources and efforts put into producing partially completed units were used to produce whole units instead. It is also commonly referred to as equivalent units.

Equivalent Production Is Also Called