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Exercise 4-3 Cost Per Equivalent Unit-Weighted-Average Miethod ILO3 lin staff Industries u ses the weighted-average method in its process costing system. Data for the Assembly
Exercise 4-3 Cost Per Equivalent Unit-Weighted-Average Miethod ILO3 lin staff Industries u ses 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 40,600 $68,400 $331,372 Cost added during May $246,530 $45,600 S221,248 Equivalent units of production 3,400 3.300 3,200 Required 1. Compute the cost per equivalent unit for materials, for labor, and for overhead. (Round your answers to 2 decimal places. Omit the "S" sign in your response.) Overhead Materials bor Cost per equivalent unit 2. Compute the total cost per equivalent whole unit. (Round your final answer to 2 decimal places. Omit the "S" sign in your response.) Il Total cost per equivalent unit
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