Question: Exercise 4-3 Cost per Equivalent Unit-Weighted-Average Method [LO 4-3] Superior Micro Products uses the weighted average method in its process costing system. Data for the
![Exercise 4-3 Cost per Equivalent Unit-Weighted-Average Method [LO 4-3] Superior Micro](https://s3.amazonaws.com/si.experts.images/answers/2024/07/668fa84836b0d_759668fa847cc5be.jpg)
Exercise 4-3 Cost per Equivalent Unit-Weighted-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: Work in process, May 1 Cost added during May Equivalent units of production Materials $ 19,900 $ 120, 775 1,700 Labor Overhead $ 31,536 $ 152,505 $ 21,024 $ 101,670 1,600 1,500 Required: Compute the cost per equivalent unit for materials, labor, overhead, and in total. (Round your answers to 2 decimal places.) Materials Labor Overhead Total Cost per equivalent unit
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
