Superior Micro Products uses the weighted-average method in its process costing system. Data for the Assembly Department
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Superior Micro Products uses the weighted-average method in its process costing system. Data for the Assembly Department for May appear below: Materials Labor Overhead Work in process, May 1 $ 18,000 $ 5,500 $ 27,500 Cost added during May $ 238,900 $ 80,300 $ 401,500 Equivalent units of production 35,000 33,000 33,000 Required: 1. Compute the cost per equivalent unit for materials, for labor, and for overhead. (Round your answers to 2 decimal places.) 2. Compute the total cost per equivalent whole unit. (Round your final answer to 2 decimal places.)
Related Book For
Managerial Accounting
ISBN: 978-1259307416
16th edition
Authors: Ray Garrison, Eric Noreen, Peter Brewer
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