Select each of the items with the best description of its purpose. Description 1. Combines units and costs across two periods in computing equivalent units 2 Holds indirect cost urte asigned to production 3. Used when materials move continuously through a manufacturing process. 4 Hold production costul products are transferred from production to finished goods for another departe 5. Computes equivalent units only on production activity in the current period. 6. Standardizes partially completed units into equivalent completed units 7. Combined costs of direct labor and overhead per equivalent unit