Equivalent units of production usually are determined for
A)direct materials costs only.
B)direct materials and conversion costs.
C)direct and indirect materials only.
D)conversion costs only.

Question

Quizplus · Accepted Answer

Equivalent units of production are determined for both direct materials and conversion costs. This includes the materials used in production as well as the costs associated with converting those materials into finished goods. However, indirect materials are not included in the calculation of equivalent units.

Equivalent Units of Production Usually Are Determined for