The portion of whole units that are complete with respect to materials or conversion costs

A) Cost of production report
B) Equivalent units of production
C) Manufacturing cells
D) Yield
E) Lean manufacturing

Equivalent Units

A method used in cost accounting to express the amount of work done by incomplete units in terms of fully completed units.

Conversion Costs

Costs incurred during the transformation of raw materials into finished goods, typically including labor and overhead expenses.

Whole Units

The number of units in production during a period, whether completed or not.