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Ainsley Industries uses the weighted average method in its process costing system. Data for the Assembly Department for May appear below: Work in process, May
Ainsley Industries 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 Labour Overhead $ 30,000 $ 24,000 $ 118,500 $ 54,000 $ 19,500 $ 65,600 1,700 1,000 1,400 Required: Compute the cost per equivalent unit for materials, for labour, for overhead, and in total. (Round your answers to 2 decimal places.) Materials Labour Overhead Total Cost per equivalent unit
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