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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
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 3 consted of 8.200 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 equivalent for Augu was $2.80 for matenals and $4.30 for labor and overhead, the total cost assigned to the ending work in process inventory was Muple Chec $129.220 O $77502 $82.264 5979
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