Examlex
Which one of the following is least related to the other four?
Equivalent Unit
A metric in cost accounting that quantifies the effort invested in partially finished units by equating it to the output of completely finished units.
First-in
implies the method where the earliest goods produced or acquired are the first to be used or sold.
Materials
Inputs and supplies used in the production of goods or in the provision of services.
Completed Unit
A term used in manufacturing and production to describe a product that has finished all stages of the production process and is ready for sale.
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