Chapter 16, Problem 14QS

To determine

Equivalent units of production (EUP):

As per equivalent units of production, the units which are yet to complete are treated at par with fully completed units in order to allocate production cost uniformly. Both fully completed units and partially completed units are represented by fully completed units.

First in first out (FIFO) method:

FIFO is a method of inventory valuation which means inventory which was acquired or manufactured first will be sold or used first.

To compute:equivalent units of production.