Question: Superior Micro Products uses the weighted average method in its process costing system. The data from the Assembly Department for the month of May is

Superior Micro Products uses the weighted average method in its process costing system. The data from the Assembly Department for the month of May is shown below:

Materials Labor overhead

Work in progress, May 1 $18,000 $5,500 $27,500

Added cost during May $238,900 $80,300 $401,500

Equivalent production units 35,000 33,000 33,000

Required

1. Calculate the cost per equivalent unit of materials, labor, and overhead.

2. Calculate the total cost per equivalent whole unit

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