Question: Superior Micro Products uses the FIFO method in its process costing system. Data for the Assembly Department for May appear below: Cost added during May

 Superior Micro Products uses the FIFO method in its process costing

Superior Micro Products uses the FIFO method in its process costing system. Data for the Assembly Department for May appear below: Cost added during May Equivalent units of production Materials $ 82,695 14,900 Labor $ 42,435 12,300 Overhead $ 122,385 12,300 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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