A company uses the weighted average method for inventory costing. At the beginning of a period the production department had 40,000 units in beginning Work in Process inventory which were 30% complete; the department completed and transferred 165,000 units. At the end of the period, 12,000 units were in the ending Work in Process inventory and are 65% complete. Compute the number of equivalent units produced by the department.

Multiple Choice

• 177,000.

• 172,800.

• 125,000.

• 165,000.

• 177,500.