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Can you help me figure this out? Superior Micro Products uses the weighted-average method in its process costing system. Data for the Assembly Department for
Can you help me figure this out?
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 | $ | 18,700 | $ | 29,475 | $ | 142,170 |
Cost added during May | $ | 113,540 | $ | 19,650 | $ | 94,780 |
Equivalent units of production | 1,600 | 1,500 | 1,400 | |||
Compute the cost per equivalent unit for materials, labor, overhead, and in total. (Round your answers to 2 decimal places.)
Cost per equivalent unit: Materials, Labor, Overhead, Total,
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