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 | $ | 30,800 | $ | 50,625 | $ | 246,600 |
| Cost added during May | $ | 186,690 | $ | 33,750 | $ | 164,400 |
| Equivalent units of production | 2,600 | 2,500 | 2,400 | |||
Required:
Compute the cost per equivalent unit for materials, labor, overhead, and in total. (Round your answers to 2 decimal places.)
Materials Labor
Overhead
TotalCost
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