Question: Superior Micro Products uses the weighted average cost method in its process costing system. Data for the assembly department for May are given below: Required:

Superior Micro Products uses the weighted average cost method in its process costing system. Data for the assembly department for May are given below:

Materials Labour Overhead Work in process, May 1 Cost added during May

Required:

1. Compute the cost per equivalent unit for materials, labour, and overhead.

2. Compute the total cost per equivalent whole unit.

Materials Labour Overhead Work in process, May 1 Cost added during May Equivalent units of production $55,000 $11,000 $36,000 $285,000 $338,900 54,450 $80,300 44,380 44,380

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