17. In the process costing system, the equivalent unit is: a. A unit that manufactured in more than one process. b. A unit that currently manufactured and that equate a unit manufactured in the past C. A unit manufactured according to the standard performance d. A nominal in-completed unit that compared with the completed unit. 18. Which of the following costs is NOT relevant to a decision to sell a product at split-offor process the product further and then sell the product? a. the selling price of the product after further processing b. the selling price of the product at split-off s joint costs allocated to the product d. the additional processing costs after split-off 19. Which of the following statements relating to management accounting information is TRUE? a. It is produced for parties external to the organization. b. There is usually a legal requirement for the information to be produced. C. No strict rules govern the way in which the information is presented. d. None of the listed answers. True False 20. Equivalent units of production always equals units completed and transferred + equivalent units remaining in work in process