Problem:
The Cutting Department's output during the period consists of 18,000 units completed and transferred out, and 4,000 units in ending work in process that were 25% complete as to materials and conversion costs. Beginning inventory was 2,000units that were 25% complete as to materials and conversion costs.
Required:
Question: Under FIFO method, what are the equivalent units for production for materials?
Note: Please show the work not just the answer.