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 $ 11,600 $ 17,361 $ 80,664
Cost added during May $ 70,450 $ 11,574 $ 53,776
Equivalent units of production 1,000 900 800

Required:

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

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