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A Unit on Childhood (Adolescence for Upper Grades)can Be Very

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A unit on childhood (adolescence for upper grades)can be very effective early in the year for developing substantive content and for deepening students' understanding and appreciation of their community and its members.


Definitions:

Weighted-Average Method

An inventory costing method that assigns the same cost to each unit, calculated as the total cost of goods available for sale divided by the total units available.

Process Costing

A method of costing used for homogenous products, where costs are accumulated over a period and assigned to units of output on an average basis.

Conversion Costs

The total cost of direct labor and overhead incurred in the process of converting raw materials into finished goods.

Equivalent Units

A concept used in process costing that converts partially completed units into a number of fully completed units.

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