Superior Micro Products uses the FIFO method in its process costing system. Data for the Assembly...
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Superior Micro Products uses the FIFO method in its process costing system. Data for the Assembly Department for May appear below: Materials $ 96,710 Cost added during May Labor $ 37,620 13, 200 Overhead $ 114,180 13,200 Equivalent units of production 19,000 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 Superior Micro Products uses the FIFO method in its process costing system. Data for the Assembly Department for May appear below: Materials $ 96,710 Cost added during May Labor $ 37,620 13, 200 Overhead $ 114,180 13,200 Equivalent units of production 19,000 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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Managerial Accounting
ISBN: 978-1259307416
16th edition
Authors: Ray Garrison, Eric Noreen, Peter Brewer
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