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Question 31 Match the following statements to the appropriate terms. A summary of both production quantity and cost data for
Units transferred out Total units accounted for Unit production costs Physical units Equivalent units of production Total man
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A summary of both production quantity and cost data for a production department Production cost report
Shows that the total costs accounted for equal the total costs to be accounted for Cost reconciliation schedule
Work done during a period expressed in fully completed units Equivalent units of production
Costs expressed in terms of equivalent units of production. Unit production costs
Actual units to be accounted for during a period, irrespective of any work performed Physical units
Units transferred out during the period plus units in ending work in process. Total units accounted for
Unit materials costs plus unit conversion costs Total manufacturing cost per unit
Total units accounted for minus units in ending work in process. Units transferred out
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