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When observing other people's behaviour,Danny tends to use the covariation principle and Amos tends to use cognitive heuristics.Which of the following statements best describes Danny and Amos?
Materials Added
Raw materials introduced into the production process to create a product.
Equivalent Units
A concept in cost accounting used to apportion costs to partially completed goods, calculated by considering the work done on them as equivalent to a certain number of fully completed units.
Materials Entered
This term refers to the recording or entry of raw materials into the production process or inventory system.
Units Started
The number of items or products that a manufacturing process has begun producing during a specific period.
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