Answer:
The answer is Higher, Understated, and Overstated
Step-by-step explanation:
From the example given we recall and fill in the missing answers in the following,
To show better performance, a department supervisor may report a higher degree of completion that will result in understated per equivalent cost unit and overstated operating income.
Furthermore, it estimates of degree of completion that can help make earnings easy from one period to the next, and protect against encourage cost savings, the possibility of bias or
Secondly. having the right answer, in spite of how it affects the performance that will be reported