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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 Materials Labor Overhead $ 17,500 $ 27,426 $ 131,859 $ 106,325 $ 18,284 $ 87,906 1,500 1,400 1,300 Required: Compute the cost per equivalent unit for materials, labor, overhead, and in total. (Round your answers to 2 decimal places.) Total Cost por equivalent unit Materials $ 82.55 $ Labor Overhead 32.65 $ 169.05
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