Question: Cost per Equivalent Unit-Weighted-Average Method Superior Micro Products uses the weighted-average method in its process costing system. Data for the Assembly Department for May appear
Cost per Equivalent Unit-Weighted-Average Method Superior Micro Products uses the weighted-average method in its process costing system. Data for the Assembly Department for May appear below: Do not round intermediate calculations. Show your work. Work in process, May 1 Cost added during May Equivalent units of production Materials $ 32,000 $ 194,125 2,700 Labor $ 52,806 $ 35,204 2,600 Overhead $ 257,175 $ 171,450 2,500 Required: Calculate the cost per equivalent unit for materials, labor, overhead. Show each separately and in total
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