Olsen Company processes lumber into a product called medium density fiberboard.

For the month of February, it had 2,000 square feet of medium density fiberboard in process at the beginning of the month. Another 42,500 square feet were put into process during February, and 4,000 square feet were still in process at the end of February.

All direct materials are added when units are 50% complete with respect to conversion costs. Using the FIFO method, what are total equivalent units with respect to direct materials in February?

Group of answer choices

a. 40,500

b. Cannot be determined from this information

c. 44,500

d. 46,500