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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,
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 $ 40,600 $246,530 3,400 Labor $68,409 $ 45,606 3,300 Overhead $ 331,872 $ 221,248 3,200 Required: 1. Compute the cost per equivalent unit for materials, for labor, and for overhead. (Round your answers to 2 decimal places.) Materials Labor Overhead Cost per equivalent unit 2. Compute the total cost per equivalent whole unit. (Do not round your intermediate calculations. Round your final answer to 2 decimal places.) Total cost per equivalent unit
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