The Richmond Corporation uses the weighted-average method in its process costing system. The company has only a single processing department. The compan s ending work in process inventory on August 31 consisted of 21800 units. The units in the ending work in process inventory were t 0% complete with respect to materials and 60% complete with respect to labor and overhead. If the cost per equivalent unit for August was $3.70 for materials and S520 for labor and overhead, the total cost assigned to the ending work in process inventory was: Multiple Choice $104,020 $148,676 $126,004 $116,412