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Linda Whitaker
on Oct 15, 2024

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Equivalent units of production is an engineering term used to describe the process by which one company attempts to manufacture units of a product that are equivalent to the product manufactured by a competitor.

Equivalent Units

Equivalent units are used in cost accounting to represent the amount of work done during a period, expressed in terms of fully completed units.

  • Comprehend the principle and computation of equivalent production units.
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Ariana PerezOct 16, 2024
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