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:	15,500 units (materials 100% complete, labor and overhead 40% complete)
Started in process during the period:	81,000 units
Ending work in process inventory:	25,500 units (materials 100% complete, labor and overhead 50% complete)

The equivalent units are:

Material, 65,500 units; labor and overhead, 64,800 units

Material, 81,000 units; labor and overhead, 77,550 units

Material, 96,500 units; labor and overhead, 83,750 units

Material, 91,000 units; labor and overhead, 90,000 units