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The following data were taken from the accounting records

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The following data were taken from the accounting records of Abacus Company which uses the FIFO method in its process costing system:

   Beginning work in process inventory: 37,000 units (materials 100% complete, labor and overhead 70% complete)
   Started in process during the period: 114,000 units
   Ending work in process inventory: 47,000 units (materials 100% complete, labor and overhead 80% complete)

The equivalent units are:

Reference no: EM13585935

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