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ACCOUNT 249 Intro to Managerial Accounting Chapter 4 Canvas Homework - SHOW YOUR WORK FOR CREDIT Cost per Equivalent Unit-Weighted Average Method Superior Micro Products
ACCOUNT 249 Intro to Managerial Accounting Chapter 4 Canvas Homework - SHOW YOUR WORK FOR CREDIT Cost per Equivalent Unit-Weighted Average Method 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 Labor Overhead $ 32,000 $ 52,806 $257,175 $ 194,125 $35,204 $171,450 2,700 2,600 2,500 Required: Calculate the cost per equivalent unit for materials, labor, overhead. Show each separately and in total. Please show your answer here: Cost per equivalent unit Materials Labor Overhead Total Show your work below: Cost Reconciliation Report-Weighted Average Method Maria Am Corporation uses the welghted average method in its process costing system. The Baking Department is one of the processing departments in its strudel manufacturing facility. In June in the Baking Department, the cost of beginning work in process inventory was $4,800, the cost of ending work in process inventory was $1,180, and the cost added to production was $25,400. Required: Prepare a cost reconciliation report for the Baking Department for June. Use the correct format Baking Department Cot Reconciliation
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