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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 | $ | 39,400 | $ | 66,144 | $ | 321,129 |
Cost added during May | $ | 238,955 | $ | 44,096 | $ | 214,086 |
Equivalent units of production | 3,300 | 3,200 | 3,100 | |||
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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