Question: 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
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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: Work in process, May 1 Cost added during May Equivalent units of production Materials Labor Overhead $ 23,500 $ 37,791 $ 183,654 $142,600 S25,194 $ 122,436 1,800 2,000 1,900 Required 1. Compute the cost per equivalent unit for materials, for labor, and for overhead. (Round your answers to 2 decimal places.) Materials Labor Overhead Cost per equivalent unit 2. Compute the total cost per equivalent whole unit. (Do not round your intermediate calculations. Round your final answer to 2 decimal places.) Total cost per equivalent unit
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