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Please explain Superior Micro Products uses the weighted average method in its process costing system. Data for the Assembly Department for May appear below: Work
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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 $ 16,300 $ 99,130 1,400 Labor $ 25,389 $ 16,926 1,300 Overhead $ 121,572 $ 81,048 1,200 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 unitStep by Step Solution
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