Question
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
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. |
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Managerial Accounting A Focus On Ethical Decision Making
Authors: Jackson
5th Edition
B00651UGQG
