Formal procedures for assessing the reliability and validity of clustering are simple and should be undertaken

Which of the following formulas is used to calculate the cost per equivalent unit of production (EUP) for direct materials? The weighted-average method is used

A) Cost per EUP for direct materials = Total conversion costs / Equivalent units of production for direct materials B) Cost per EUP for direct materials = Total direct materials costs / Equivalent units of production for direct materials C) Cost per EUP for direct materials = Total transferred in costs / Equivalent units for transferred in D) Cost per EUP for direct materials = Total direct materials costs / Equivalent units of production for conversion costs

Which of the following is an example of an external source?

A) Memos sent to the employees of the company B) Financial reports published by the company C) Company databases D) Experts within the company E) Industry journals