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8. The concept of equivalent units [EU] is useful for: a. Measuring the cost of direct materials and conversion costs incurred in a processing department
8. The concept of equivalent units [EU] is useful for: a. Measuring the cost of direct materials and conversion costs incurred in a processing department b. Measuring the unit costs of direct materials and conversion costs to calculate the cost of goods transferred from one processing department to the next c. separating the cost of a manufacturing process from the cost of a total manufacturing activity d. Separating closing inventory between finished goods and WIP
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