Equivalent Units Are Tracked Separately for Which Two Categories of Costs

question 79

Multiple Choice

Equivalent units are tracked separately for which two categories of costs?

• A) Direct labor and manufacturing overhead.
• B) Direct materials and conversion cost.
• C) Direct materials and indirect materials.
• D) Finished goods and cost of goods solD.
• Direct materials and conversion costs have different percentages of completion so equivalent units are calculated separately for each category.

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Definitions:

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