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  3. Study Set
    Principles of Accounting
  4. Exam
    Exam 21: Costing Systems Process Costing
  5. Question
    Equivalent Units Are Defined as the Number of Units Completed
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Equivalent Units Are Defined as the Number of Units Completed

Question 97

Question 97

True/False

Equivalent units are defined as the number of units completed and transferred out of work in process inventory during the current period.

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