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compute the cost per equivalent unit for materials, labor, overhead, and in total. Superior Micro Products uses the weighted average method in its process costing
compute the cost per equivalent unit for materials, labor, overhead, and in total.
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 $ 29,500 $ 179,375 2,500 Labor $ 48,456 $ 32,384 2,400 Overhead $ 236,049 $ 157,366 2,300 Required: Compute the cost per equivalent unit for materials, labor, overhead, and in total. (Round your answers to 2 decimal places.) Overhead Total Materials Labor Cost per equivalent unitStep by Step Solution
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