Process Costing EXERCISE 4-3 Cost per Equivalent Unit-Weighted-Average Method (L04-3] 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 $18,000 $238,900 35,000 Labor $5,500 $80,300 33,000 Overhead $27,500 $401,500 33,000 Required: Compute the cost per equivalent unit for materials, for labor, and for overhead, Compute the total cost per equivalent whole unit. Cost per equivalent unit ... M y Work in process 2,000 $13.86 f 20.100 units were completed and transferred to the next processing depa A total of 20,100 units the period. Required: the cost of the units transferred to the next department during the period ending work in process inventory. EXERCISE 4-5 Cost Reconciliation Report-Weighted-Average Method (L04-5]. Maria Am Corporation uses a process costing system. The Baking Department is cessing departments in its strudel manufacturing facility. In June in the Baking cost of beginning work in process inventory was $3,570, the cost of ending work tory was $2,860, and the cost added to production was $43,120. Required: Prepare a cost reconciliation report for the Baking Department for June. EXERCISE 4-6 Equivalent UnitsWeighted-Average Method [L04-2] y, a Finnish company, processes wood pulp for various manufacturers fina to tong of pulp processed during June are provided below. Hielta Oy, a Finnish co