Match Each Term with Its Description

question 132

Multiple Choice

Match each term with its description.
-end product of glycolysis

• A)Cytosol
• B)Citric acid cycle
• C)Pyruvic acid
• D)Acetyl coenzyme A
• E)NAD
• F)Mitochondria
• G)Lactic acid
• H)Electron tr
• I)Anaerobic
• J)Glycolysis

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Definitions:

Cost Per Equivalent Unit

A calculated amount that represents the cost of materials, labor, and overhead expenses applied to a unit of production, averaged to account for partially completed units.

Conversion Activity

Activities involved in transforming raw materials into finished goods, including labor and overhead in the manufacturing process.

FIFO Method

"First In, First Out," an inventory valuation method where goods are sold in the order they were acquired.

Operation Costing

A hybrid costing system used where products have some common and some individual processes or components.