Question: Superior Micro Products uses the weighted-average method in its process costing system. Data for the Assembly Department for May appear below: Materials Labor Overhead Work

Superior Micro Products uses the weighted-average method in its process costing system. Data for the Assembly Department for May appear below:

Materials Labor Overhead
Work in process, May 1 $ 29,500 $ 48,456 $ 236,049
Cost added during May $ 179,375 $ 32,304 $ 157,366
Equivalent units of production 2,500 2,400 2,300

Required:
1.

Compute the cost per equivalent unit for materials, for labor, and for overhead. (Round your answers to 2 decimal places.)

Compute the total cost per equivalent whole unit. (Round your final answer to 2 decimal places.)

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