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
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 Required: Materials Labour $46,000 $70,000 3,300 Overhead $40,000 $126,500 $27,500 $ 81,600 2,600 3,000 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
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