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Explain equivalent units. Why are equivalent - unit calculations necessary in process costing? Equivalent units is a derived number of units that takes the quantity
Explain equivalent units. Why are equivalentunit calculations necessary in process costing?
Equivalent units is a derived number of
units that takes the quantity of each
in units completed or
in incomplete units in work in process, and converts the quantity of
into the number of completed
units that could be made with that quantity of
Equivalent unit measures are necessary since all physical units
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