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 $ 64,125 12,500 Labor $ 37,985 10,700 Overhead $ 95,765 10,700 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 ut
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