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Exercise 4A-2 Cost per Equivalent Unit-FIFO Method (LO4-7] Superior Micro Products uses the FIFO method in its process costing system. Data for the Assembly Department
Exercise 4A-2 Cost per Equivalent Unit-FIFO Method (LO4-7] Superior Micro Products uses the FIFO method in its process costing system. Data for the Assembly Department for May appear below: Cost added during May Equivalent units of production Materials $ 74,550 14,200 Labor $ 29,295 10,500 Overhead $ 100,275 10,500 Required: Compute the cost per equivalent unit for materials, labor, overhead, and in total. (Round your answers to 2 decimal places.) Materials Labor Overhead Total Cost per equivalent unit
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