Superior Micro Products uses the weighted average method in its process costing system. Data for the Assembly Department for May appear below: Materials Work in process, May 1 $29,500 Cost added during May $179,375 Equivalent units of 2,500 production Labor Overhead $48,456 $236,049 $32,304 $ 157,366 2,400 2,300 - int Required: 1. Compute the cost per equivalent unit for materials, for labor, and for overhead. (Round your answers to 2 decimal places.) Print erences Materials Labor Overhead Cost per equivalent unit 2. Compute the total cost per equivalent whole unit. (Round your intermediate calculations to 2 decimal places. Round your final answer to 2 decimal places.) Total cost per equivalent unit Helix Corporation produces prefabricated flooring in a series of steps carried out in production departments. All of the material that is used in the first production department is added at the beginning of processing in that department. Data for May for the first production department follow: Percent Complete Units Materials Conversion 40% Work in process inventory, May 1 64,000 75% 44,000 50% Work in process inventory, May 31 25% $52.400 Materials cost in work in process inventory, May 1 Conversion cost in work in process inventory. May 1 Units started into production Units transferred to the next production department Materials cost added during May $ 15,100 252,000 272,000 $356,260 $ 216,960 Conversion cost added during May Required: 1. Assume that the company uses the weighted average method of accounting for units and costs. Determine the equivalent units for May for the first process. Materials Conversion Equivalent units of production