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Accounting Assignment | College Homework Help

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 20,600 units. College Homework HelpThe 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 unit for August was $3.40 for materials and $4.90 for labor and overhead, the total cost assigned to the ending work in process inventory was: Get Accounting Homework Help Today

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