Business, 07.03.2020 03:02 mrlepreqon8897
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 20,800 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 unit for august was $3.45 for materials and $4.95 for labor and overhead, the total cost assigned to the ending work in process inventory was:
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The richmond corporation uses the weighted-average method in its process costing system. the company...
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