Question: Superior Micro Products uses the weighted average method in its process costing system. Data for the Assembly Department for May appear below: Work in proces,
Superior Micro Products uses the weighted average method in its process costing system. Data for the Assembly Department for May appear below: Work in proces, May 1 Cost added during May Equivalent units of production Materials $ 16,300 $ 99, 130 1,400 Labor $25,389 $ 16,926 1,300 Overhead $ 121,572 $ 81,048 1,200 ebook Required: Compute the cost per equivalent unit for materials, labor, overhead, and in total (Round your answers to 2 decimal places.) References Materials Labor Overhead Total Cost per equivalent unit
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
