Question: Ainsley Industries uses the weighted average method in its process costing system. Data for the Assembly Department for May appear below: Work in process, May

system. Data for the Assembly Department for May appear below: Work in

Ainsley Industries 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 Materials Labour Overhead $38,000 $32,000 $122,500 $62,000 $23,500 $ 73,600 2,500 1,800 2,200 Required: Compute the cost per equivalent unit for materials, for labour, for overhead, and in total. (Round your answers to 2 decimal places.) Materials Labour Overhead Total Cost per equivalent unit Prev 1 of 7 Next >

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