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 system. Data for the Assembly Department for May appear below: Cost added during May Equivalent units of production Materials $ 70, 760 14,500 Labor $ 23, 780 11,600 Overhead $ 89,900 11,600 Required: Compute the cost per equivalent unit for materials, lobor, overhead, and in total (Round your answers to 2 decimal places.) Materials Labor Overhead Total Cost per equivalent unit
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