The Following Information Is Available for the Current Year for Pike

question 18

Multiple Choice

The following information is available for the current year for Pike company.
$\begin{array}{ll}\text { Number of units in beginning WIP Inventory } & 12,000 \quad \text { (30\% complete) } \\\text { Number of units started in the current period } & 160,000 \\\text { Number of units in the ending WIP Inventory } & 18,000 \quad \text { (70\% complete) }\end{array}$
If Pike Company uses the weighted average process costing method,what is the total equivalent completed units transferred out and in WIP Inventory?

• A)166,000
• B)190,000
• C)166,600
• D)142,000
• E)None of the answer choices is correct.