Multiple Choice
The following data were taken from the accounting records of Abacus Company which uses the FIFO method in its process costing system: 
The equivalent units are:
A) Material,90,000 units;labor and overhead,89,000 units
B) Material,100,000 units;labor and overhead,91,000 units
C) Material,60,000 units;labor and overhead,53,000 units
D) Material,80,000 units;labor and overhead,79,000 units
Correct Answer:
Verified
Correct Answer:
Verified
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