Equivalent units of production are equal to:

A) The number of units that could have been started and completed given the costs incurred during the period.
B) The number of finished units actually produced during a period.
C) The number of units started into the process during a period.
D) The number of units still in process at the end of a period.
E) Physical units that were started and completed during a period.

Question

Shahab Popal · Accepted Answer

Final Answer : A, Explanation :  Equivalent units of production represent the number of units that could have been completed within a period, given the amount of work done and costs incurred. This concept is used in process costing to allocate costs between completed units and units still in process.

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