Answer:
$14,000
Explanation:
Equivalents units of production (EUP) is a management concept applied in the production process. It refers to estimations of the number of complete units that would have resulted from the completion of the work-in-progress. EUP gives an accounting estimate the highest possible number of finished products considering the directs materials, labor, and overheads incurred.
The calculation of EUP is by the percentage of work in progress. In this case, 20,000 units are 70% complete.
Max. nun of EUP is 70% x 20,000
=70/100 x 20,000
=0.7 x 20,000
=$14,000
