Exercise 4-3 question #1 & #2

Process Costing 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: TAKE Cost added during May labor: $81,950 Materials Labor Overhead $18,000 $5,500 $27,500 $238,900 $80,300 $401,500 35,000 33,000 33,000 Cost added during May . . . . Equivalent units of production . Required: 1. Compute the cost per equivalent unit for materials, for labor, and for o 2. Compute the total cost per equivalent whole unit