Resource Dependency Takes Priority Over the Technological Dependency but Does

question 22

Short Answer

Resource dependency takes priority over the technological dependency but does not violate ___________ dependencies.

---

Definitions:

Equivalent Units of Production

A concept used in cost accounting to assign costs to partially completed goods, converting them into the amount of finished goods units.

Weighted-Average Process Costing System

An accounting method used to compute the cost per unit in a process environment by averaging the costs over all units produced in a period.

Equivalent Units for Materials

A metric that converts partially completed goods into the number of complete units with regard to materials only.

Equivalent Units

A concept in process costing that converts partially completed units into a number of fully completed units, facilitating cost calculation.