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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: Materials Labor Overhead Work
Superior Micro Products uses the weighted-average method in its process costing system. Data for the Assembly Department for May appear below:
Materials Labor Overhead
Work in process, May 1. $36,900 $61,650. $299,715
Cost added during May. $223,965 $41,100 $199,810
Equivalent units of production 3,100 3,000 2,900
Required:
Compute the cost per equivalent unit for materials, labor, overhead, and in total.(Round your answers to 2 decimal places.)
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