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TB MC Qu . 5 S - 7 ( Static ) Equivalent units of production for a . . . Equivalent units of production for

TB MC Qu.5S-7(Static) Equivalent units of production for a...
Equivalent units of production for a process costing system using the FIFO method are equal to:
Multiple Choice
Units completed during the period + Equivalent units in the ending work in process inventory.
Units transferred out + Equivalent units in ending work in process inventory + Equivalent units in beginning work in process inventory.
Units started and completed during the period + Equivalent units in the ending work in process inventory.
Units completed during the period and transferred out.
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