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

           Statement                                                  Appropriate terms

A summary of both production                       Production cost report

quantity  and cost data for a  

production department.  

Shows that the total costs accounted           Cost reconciliation schedule

for  equal the total costs to be

accounted for.

Work done during a period expressed         Equivalent units of production

in fully completed units.

Costs expressed in terms of equivalent        Unit production costs

units of production.

Actual units to be accounted for during        Physical units

a period, irrespective of any work

performed.

Units transferred out during the period        Total units accounted for

plus units in ending work in process.

Unit materials costs plus unit                        Total manufacturing cost

conversion costs.                                            per unit

Total units accounted for minus units           Units transferred out

in ending work in process.