Which of the Following Formulas Is Used to Calculate the Cost

question 65

Multiple Choice

Which of the following formulas is used to calculate the cost per equivalent unit of production (EUP) for direct materials? The weighted-average method is used.

• A) Cost per EUP for direct materials = Total conversion costs / Equivalent units of production for direct materials
• B) Cost per EUP for direct materials = Total direct materials costs / Equivalent units of production for direct materials
• C) Cost per EUP for direct materials = Total transferred in costs / Equivalent units for transferred in
• D) Cost per EUP for direct materials = Total direct materials costs / Equivalent units of production for conversion costs

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Definitions:

RFP

Request For Proposal, a document that solicits bid proposals from potential suppliers or contractors for a specific project or service.

Training Needs

The gap between current capabilities and the skills required for a specific job or task, which can be identified through an analysis to inform targeted training programs.

Request for Proposal

A document issued by an organization inviting suppliers to submit a proposal on a specific product or service.

Gagné

Refers to Robert M. Gagné, an educational psychologist known for his theories on conditions of learning and instructional design.