The Purpose of the Equivalent-Unit Computation Is to ________

question 11

Multiple Choice

The purpose of the equivalent-unit computation is to ________.

• A) convert completed units into the amount of partially completed output units that could be made with that quantity of input
• B) assist the business in determining the cost assigned to ending inventory and work-in-process inventory
• C) predict the future production capabilities of the organization
• D) satisfy the GAAP requirements which requires all partially completed goods to be reported as equivalent-units