Question: Superior Micro Products uses the weighted-average method in its process costing system. Data for the Assembly Department for May appear below: Materials Overhead $ 14,000

Superior Micro Products uses the weighted-average method in its process costing system. Data for the Assembly Department for May appear below: Materials Overhead $ 14,000 $ 21,351 $101,070 $ 84,700 14,234 67,380 1,000 Labor Work in process, May 1 Cost added during May Equivalent units of production 1,200 1,100 Required Compute the cost per equivalent unit for materials, labor, overhead, and in total. (Round your answers to 2 decimal places.) 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
