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Chap 4 Q2 Superior Micro Products uses the weighted-average method in its process costing system. Data for the Assembly Department for May appear below: Materials
Chap 4 Q2
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 | $ | 12,800 | $ | 19,350 | $ | 90,855 |
Cost added during May | $ | 77,565 | $ | 12,900 | $ | 60,570 |
Equivalent units of production | 1,100 | 1,000 | 900 | |||
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Required: | |
1. | Compute the cost per equivalent unit for materials, for labor, and for overhead. (Round your answers to 2 decimal places.)
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