Acompany’s beginning work in process inventory consists of 10,000 units that are 20% complete with respect to direct labor costs. A total of 40,000 units are completed this period. There are 15,000 units in goods in process, one-third complete for direct labor, at period-end. The equivalent units of production (EUP) with respect to direct labor at period-end, assuming the weighted-average method, are a.

45,000 EUP.

b.

40,000 EUP.

c.

5,000 EUP.

d.

37,000 EUP.

e.

43,000 EUP.