The following information is available for the current
year for Pike company. Number of units in beginning
WIP Inventory 12,000 (30% complete) Number of
units started in the current period 160,000 Number
of units in the ending WIP Inventory 18,000 (70%
complete) If Pike Company uses the weighted
average process costing method, what is the total
equivalent completed units transferred out and in
WIP Inventory?
166,000
190,000
166,600
142,000
None of the answer choices is correct.