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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 | $ 33,200 | $ 54,999 | $ 267,774 |
Cost added during May | $ 201,580 | $ 36,666 | $ 178,516 |
Equivalent units of production | 2,800 | 2,700 | 2,600 |
Compute the cost per equivalent unit for materials, labor, overhead, and in total.(Round your answers to 2 decimal places.)
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