Exercise 4-3 Cost Per Equivalent Unit-Weighted-Average Method [LO4-3]

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	$	17,500	$	27,426	$	131,859
Cost added during May	$	106,325	$	18,284	$	87,906
Equivalent units of production		1,500		1,400		1,300

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

2.	Compute the total cost per equivalent whole unit. (Do not round your intermediate calculations. Round your final answer to 2 decimal places.)