Superior Micro Products uses the weighted-average method in its process costing system Data for the Assembly...
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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: Work in process. May 1 Cost added during May Equivalent units of production Cost per equivalent unit Materials Materials $ 39, 400 $ 238, 955 3.300 Labor $66, 144 Labor $ 44,096 3,200 Required: Compute the cost per equivalent unit for materials, labor, overhead, and in total (Round your answers to 2 decimal places.) Overhead $321, 129 Overhead $ 214,006 3,100 Total Superior Micro Products uses the weighted-average method in its process costing system Data for the Assembly Department for May appear below: Work in process. May 1 Cost added during May Equivalent units of production Cost per equivalent unit Materials Materials $ 39, 400 $ 238, 955 3.300 Labor $66, 144 Labor $ 44,096 3,200 Required: Compute the cost per equivalent unit for materials, labor, overhead, and in total (Round your answers to 2 decimal places.) Overhead $321, 129 Overhead $ 214,006 3,100 Total
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Related Book For
Business Statistics a decision making approach
ISBN: 978-0133021844
9th edition
Authors: David F. Groebner, Patrick W. Shannon, Phillip C. Fry
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