Question: ABC Company uses process costing. Use the following data in answering the questions: Units received form preceding department-10,000 units; Units completed and transferred-8,000 units and

ABC Company uses process costing. Use the following data in answering the questions: Units received form preceding department-10,000 units; Units completed and transferred-8,000 units and Units in process, end-(60% completed)-2,000 units. Materials are added at the beginning of the process. Compute the EP for materials and labor and overhead.

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