Examlex
Which of the following is not an example of capital used in production?
Physical Units
A measure of quantity in terms of countable items or units, often used in production and inventory contexts.
Units Started
Units Started refers to the quantity of production units that have begun the manufacturing process in a given period but may not yet be completed.
Ending Work
Refers to the work in process (WIP) at the end of an accounting period, used in calculating the cost of goods manufactured.
Equivalent Units
A concept used in process costing, converting partially finished goods into a number of completed units for accounting purposes.
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