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Discuss the process of unification in China under the first emperor.What reforms did he initiate and what was their impact on China? To what extent did these reforms survive his reign and influence other dynasties?
Equivalent Units
A concept used in process costing that converts partially completed goods into a number of fully completed units for accounting purposes.
Direct Materials
Raw materials that can be directly traced to the production of goods and are a significant part of the finished product.
Conversion Costs
Expenses in manufacturing that include both labor costs and overhead costs associated with converting raw materials into finished goods.
Equivalent Units
A method used in process costing that converts partially completed units into a smaller number of fully completed units.
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