DE21-7 Colleges and universities use the equivalent-unit concept to describe the number of faculty as well as the number of students. The University of Georgia has about 2,000 full- time faculty and 400 part-time faculty. Assume the following: A full-time faculty member teaches six courses per year 100 part-time faculty teach three courses per year 300 part-time faculty teach two courses per year What is the "full-time equivalent" faculty-the number of equivalent units of faculty?