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 $ 27,100 $ 44,154 $ 215,019
Cost added during May $ 164,605 $ 29,436 $ 143,346
Equivalent units of production 2,300 2,200 2,100

Required:
1.

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

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.)

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