Question: Exercise 5-3 Cost per Equivalent Unit-Weighted-Average Method [LO5-3] Superior Micro Products uses the weighted-average method in its process costing system. Data for the Assembly Department
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Exercise 5-3 Cost per Equivalent Unit-Weighted-Average Method [LO5-3] 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 $ 14,000 21,351 101,070 84,700 14,234 67,380 1,000 1,200 1,100 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
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