Question: Exercise 4-3 (Algo) Cost per Equivalent UnitWeighted-Average Method [LO 4-3] Superior Micro Products uses the weighted-average method in its process costing system. Data for the
Exercise 4-3 (Algo) Cost per Equivalent UnitWeighted-Average Method [LO 4-3] 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 $ 21,100 $ 33,609 $ 162,864 Cost added during May $ 128,030 $ 22,406 $ 108,576 Equivalent units of production 1,800 1,700 1,600 Required: Compute the cost per equivalent unit for materials, labor, overhead, and in total.
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