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(4.3) Superior Micro Products uses the weighted-average method in its process costing system. Data for the Assembly Department for May appear below: Work in process,
(4.3)
Superior Micro Products uses the weighted-average method in its process costing system. Data for the Assembly Department for May appear below: Work in process, May 1 Cost added during May Equivalent units of production Materials $ 19,900 $ 120,775 1,700 Labor $ 31,536 $ 21,024 1,600 Overhead $ 152,505 $ 101,670 1,500 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 unitStep by Step Solution
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