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The Richinand Corporatehises the weighted averagh mee in its process casting system. The company has only single processing department. The company's onding work in process

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The Richinand Corporatehises the weighted averagh mee in its process casting system. The company has only single processing department. The company's onding work in process Inventory on August 31 consistod of 20,000 units. The units in the ending work in process inventory wet 100% complete with respect to matrials and 60mplete with speel to labor and overhead. If the cost per equivalent unit tor August was $3,25 for materials and $4.75 for labor and overhead, the total cost assigned to the ending work in process inventory was Multiple Choice O $122,000 0 $95.000 $103.000 0 $150.000

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