Examlex
Match each of the following terms with its description.
-An association between two use cases where one adds new behaviors or actions to the other.
Equivalent Units of Production
A concept in cost accounting used to allocate production costs to units produced, accounting for partially completed units by converting them into an equivalent number of fully completed units.
Conversion Costs
The combined costs of direct labor and manufacturing overhead involved in converting raw materials into finished products.
Weighted-Average Method
A cost accounting method that assigns an average cost to each unit of inventory by weighting the costs of similar items.
Work in Process Inventory
The cost of partially finished goods that are still in the production process at the end of an accounting period.
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