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Units Started
The number of items or products that a manufacturing process has begun producing during a specific period.
Ending Work
The value of work that remains incomplete at the end of an accounting period, often referred to in calculating work in process.
Equivalent Units
A concept in process costing that converts partially completed units into a number of fully completed units.
Conversion Costs
The total cost of converting raw materials into finished goods, typically including labor and overhead expenses.
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