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HW #1 #2 #3 Check my work Exercise 4-3 (Algo) Cost per Equivalent Unit-Weighted-Average Method [LO 4-3] Superior Micro Products uses the weighted average method

HW #1
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Check my work 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 $15,100 $ 23, 364 111,309 $ 91,955 15,576 % 74,206 1,300 1,200 1,100 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 Exercise 4-4 (Algo) Assigning Costs to Units-Weighted-Average Method [LO 4.4) Data concerning a recent period's activity in the Prep Department, the first processing department in a company that uses process costing, appear below Book Equivalent units in ending work in process inventory Cost per equivalent unit Materials 2,180 $14.56 Conversion 910 5.4.73 Hint Herences A total of 21100 units were completed and transferred to the next processing department during the period Required: 1. Compute the cost of ending work in process inventory for materials, conversion, and in total 2. Compute the cost of the units completed and transferred out for materials, conversion, and in total (For all requirements, round your final answers to the nearest whole dollar amount.) Materials Conversion Total 2. Cost of ending work in process inventory 2. Cost of units transferred out Pureform, Inc., uses the weighted-average method in its process costing system. It manufactures a product that passes through two departments Data for a recent month for the first department follow Labor $21,800 Overhead $ 32,300 Work in process inventory, beginning Units started in process Units transferred out Work in process inventory, ending Cost added during the month Units Materials 65,000 $54,200 619,000 640,000 44,000 $ 717,220 $ 269,480 $ 398,000 The beginning work in process inventory was 90% complete with respect to materials and 75% complete with respect to labor and overhead. The ending work in process inventory was 70% complete with respect to materials and 50% complete with respect to labor and overhead Required: 1. Compute the first department's equivalent units of production for materials, labor, and overhead for the month 2. Determine the first department's cost per equivalent unit for materials, labor, and overhead for the month (Round your answers to 2 decimal places.) Materials Labor Overhead 1 Equivalent units of production 2 Cost per equivalent unit

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