Question: xplain equivalent units. Why are equivalent - unit calculations necessary in process costing? Question content area bottom Part 1 Equivalent units is a derived number

xplain equivalent units. Why are equivalent-unit calculations necessary in process costing?
Question content area bottom
Part 1
Equivalent units is a derived number of
units that takes the quantity of each
input
output
in units completed or in incomplete units in work in process, and converts the quantity of
input
output
into the number of completed
input
output
units that could be made with that quantity of
input
output
.
Part 2
Equivalent unit measures are necessary since all physical units

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