Question: 2.An equivalent unit of material or conversion cost is defined as a.the amount of material or conversion cost necessary to start a unit of production

2.An equivalent unit of material or conversion cost is defined as

a.the amount of material or conversion cost necessary to start a unit of production into WIP

b.a unit of WIP inventory

c.50 percent of the material or conversion cost of a unit of finished goods inventory assuming a linear production pattern

d.the amount of material or conversion cost necessary to complete one unit of production

e.None of these

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