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The Purpose of the Equivalent-Unit Computation Is to ________

Question 101

Multiple Choice

The purpose of the equivalent-unit computation is to ________.


A) convert completed units into the amount of partially completed output units that could be made with that quantity of input
B) use a common metric to estimate the amount of work done on units in a period
C) predict the future production capabilities of the organization
D) satisfy the GAAP requirements which requires all partially completed goods to be reported as equivalent-units

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