The equivalent unit calculation adjusts ending WIP for partially completed units. The purObj. 2 pose is to
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The equivalent unit calculation adjusts ending WIP for partially completed units. The purObj. 2 pose is to make the cost per equivalent unit more accurate. Can you think of a situation in which adjusting for equivalent units would be unnecessary? Explain.
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Related Book For 
Managerial Accounting Information For Decisions
ISBN: 9780324222432
4th Edition
Authors: Thomas L. Albright , Robert W. Ingram, John S. Hill
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