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Down syndrome
Completed Units
The term refers to items that have been fully manufactured, processed, or finished and are ready for sale.
Equivalent Units
A calculation used in process costing to convert partially completed units into a number of fully completed units.
First-In, First-Out
An inventory valuation method where the first items placed in inventory are the first ones to be used or sold.
Conversion Equivalent Units
A metric used in cost accounting to quantify the amount of work done on partially finished goods, measured in full unit equivalents.
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