 In this presentation, we will take a look at multiple choice questions related to a process cost system looking at test taking skills as we go. First question. The costs of direct labor and factory overhead per equivalent unit is called A, total cost per equivalent unit, B, overhead cost per equivalent unit, C, direct cost per equivalent unit, D, useless cost number, E, conversion cost per equivalent unit. So we'll go through this again, see if we can use the process of elimination to narrow this down. The costs of direct labor and factory overhead per equivalent unit is called. So we got the direct labor, factory overhead. Remember when we think about the costs of inventory anytime? Usually we have material, labor, and overhead. Material, labor, and overhead. Now we're combining those two.