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A department had the following information for the month: What are the equivalent units of production for materials?
Market Rate
The prevailing price or interest rate for goods, services, or securities in a competitive marketplace.
Total Fertility Rate
The average number of children that would be born to a woman over her lifetime, given current age-specific fertility rates.
Population
The total number of people inhabiting a specific area or region.
Generation
A group of individuals born and living around the same time, sharing similar cultural experiences or characteristics.
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