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

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:

Materials Labor Overhead
Work in process, May 1 $ 38,100 $ 63,891 $ 310,410
Cost added during May $ 231,500 $ 42,594 $ 206,940
Equivalent units of production 3,200 3,100 3,000

Required:

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

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