Examlex
Match the following results with the proper DatePart formulas (assume a BirthDate of December 26, 1959 at 10:30 AM):
I. 1959
II. 12
III. 26
IV. 7
V. 10
A. =DatePart("h",[BirthDate])
B. =DatePart("w",[BirthDate])
C. =DatePart("d",[BirthDate])
D. =DatePart("m",[BirthDate])
E. =DatePart("yyyy",[BirthDate])
Equivalent Units
The product of the number of partially completed units and their percentage of completion with respect to a particular cost. Equivalent units are the number of complete whole units that could be obtained from the materials and effort contained in partially completed units.
Process Costing
A costing method used when homogeneous products are produced on a continuous basis.
Job-order Costing
A cost accounting system used to assign manufacturing costs to an individual product or batches of products, typically used in custom or varied production.
Homogeneous Product
A product that is uniform in quality and indistinguishable from other products of the same type.
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