What is an equivalent unit? A A unit of output which is identical to all others manufactured
Question:
What is an equivalent unit?
A A unit of output which is identical to all others manufactured in the same process B Notional whole units used to represent uncompleted work C A unit of product in relation to which costs are ascertained D The amount of work achievable, at standard efficiency levels, in an hour
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Related Book For
CIMA - C01 Fundamentals Of Management Accounting Revision Kit
ISBN: 9780751780734
1st Edition
Authors: BPP Learning Media
Question Posted: