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BT301 - Introduction to Biotechnology

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Write a short note on Equivalent Production.

Question 1: Write a short note on Equivalent Production.

Answer: Suggest Edit

Equivalent Production is a very important part of cost of production report. We prepare it in process costing system. It is the number of partially completed units considered to be equivalent to a greater number of fully completed units. This is used to calculate per unit cost.

Similar Questions:

Question 2: Write a short note on Equivalent Production.

Answer: Suggest Edit

Equivalent Production is a very important part of cost of production report. We prepare it in process costing system. It is the number of partially completed units considered to be equivalent to a greater number of fully completed units. This is used to calculate per unit cost.
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