Question: Question 6 In a process cost system, what is the purpose of determining the number of equivalent units? To calculate the total number of units
Question
In a process cost system, what is the purpose of determining the number of equivalent units?
To calculate the total number of units produced
To track the direct material and direct labor costs for each unit
To determine the cost per unit and total cost of items produced
To identify the number of units transferred to finished goods inventory
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