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Exercise 4-3 (Algo) Cost per Equivalent Unit-Weighted-Average Method [LO 4-3] Superior Micro Products uses the weighted-average method in its process costing system. Data for the
Exercise 4-3 (Algo) Cost per Equivalent Unit-Weighted-Average Method [LO 4-3] 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 Required: Materials $ 35,700 $216,450 3,000 Labor $59,421 $ 39,614 2,900 Overhead 289,044 $ 192,696 2,800 Compute the cost per equivalent unit for materials, labor, overhead, and in total. (Round your answers to 2 decimal places.) Answer is complete but not entirely correct. Materials Labor Overhead Total Cost per equivalent unit $ 84.05 ( 34.15S 172.04$ 290.24
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