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The purpose of the equivalent-unit computation is to:

a. convert partially completed units into the amount of completed output units that could be made with that quantity of input

b. assist the business in determining ending inventory

c. convert completed units into the amount of partially completed output units that could be made with that quantity of input

d. both B and C are correct.

Accounting Basics, Accounting

  • Category:- Accounting Basics
  • Reference No.:- M9442318

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