Once Equivalent Unit Costs Have Been Developed

question 18

Multiple Choice

Once equivalent unit costs have been developed:

• A) Information is gathered about production
• B) Costs are allocated to all units transferred out and in ending WIP
• C) The equivalent units and equivalent unit costs are calculated
• D) The physical units and total costs are summarized

---

Definitions:

Symbolize

To represent, stand for, or denote something else, especially through the use of symbols or symbolic meanings.

Lonely

Feeling sad because of a lack of friends, company, or companionship.

Sad

A feeling or showing sorrow; unhappy.

People

Human beings in general or considered collectively.