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    Cost Accounting Study Set 1
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    Exam 17: Process Costing
  5. Question
    Equivalent Units Measure Output in Terms of the Physical Quantities
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Equivalent Units Measure Output in Terms of the Physical Quantities

Question 49

Question 49

True/False

Equivalent units measure output in terms of the physical quantities of each of the inputs (factors of production)that have been consumed by the units.

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