Chapter 4 Q8

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	$	23,500	$	37,791	$	183,654
Cost added during May	$	142,600	$	25,194	$	122,436
Equivalent units of production		2,000		1,900		1,800

Required:

1a.

Compute the cost per equivalent unit for materials, for labor, and for overhead. (Round your answers to 2 decimal places.)

	Materials	Labor	Overhead
Cost per equivalent unit

1b.

Compute the total cost per equivalent whole unit. (Round your final answer to 2 decimal places.)

	Total cost per equivalent unit