A process cost accounting system is most appropriate when similar products are mass-produced. the focus of attention is on a particular job or order. individual products are custom made to the specification of customers. a variety of different products are produced, each one requiring different types of materials. labor, and overhead. Question 39 4 pts A process with no beginning work in process, completed and transferred out 95,000 units during a period and had 50,000 units in the ending work in process inventory that were 30% complete. The equivalent units of production for the period were: 47,500 equivalent units. 145,000 equivalent units. 110,000 equivalent units. 95,000 equivalent units. The major reporting standard for presenting managerial accounting information is generally accepted accounting principles. the cost principle. the current tax law. relevance