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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
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 Required: Materials $ 14,000 $ 84,700 1,200 Labor $ 21,351 $ 14,234 1,100 Overhead $ 101,070 $ 67,380 1,000 Compute the cost per equivalent unit for materials, labor, overhead, and in total. (Round your answers to 2 decimal places.) Cost per equivalent unit Materials Labor Overhead Total
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