Question: Question 7 15 Marks Superion Products uses the weighted average method in its process costing system. Data for the Assembly Department for May appear below:

 Question 7 15 Marks Superion Products uses the weighted average method

Question 7 15 Marks Superion Products uses the weighted average method in its process costing system. Data for the Assembly Department for May appear below: Work in Progress, May 1 Cost added during May Equivalent units of production Materials R18,000 R238,900 35,000 Labour R5,500 R80,300 33,000 Overhead R27,500 R401,500 33,000 Required: 7.1. Calculate the cost per equivalent unit for materials, for labour, and for overhead. Calculate the total cost per equivalent unit whole unit. 7.2. 15

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