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Question 24 (2 points) The Richmond Corporation uses the weighted-average method in its process costing system. The company has only a single processing department. The

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Question 24 (2 points) The Richmond Corporation uses the weighted-average method in its process costing system. The company has only a single processing department. The company's ending work in process inventory on August 31 consisted of 18,000 units. The units in the ending work in process inventory were 100% complete with respect to materials and 60% complete with respect to labor and overhead. If the cost per equivalept unit for August was $2.75 for materials and $4.25 for labor and overhead, the total cost assigned to the ending work in process inventory was: O $126,000 $75,600 O $80,100 $95,400 Save

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