5. The number of whole units that could have been completed during a period, using the production costs incurred during that period is called: a. Standard production. b. Equivalent production. c. Total units d. Manufactured units 6. All of the following are characteristics of a production report except a. It includes the number of units completed during the period. b. It includes the costs incurred by the department during the period. c. It includes the number of units in ending work-in-process and the estimated stage of completion. d. The department manager completes the report on a monthly basis. 7. The cost of an equivalent unit is equal to