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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: Superior Micro Products uses
Superior Micro Products uses the weighted-average method in its process costing system. Data for the Assembly Department for May appear below:
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 Labor Overhead S 38,100 $63,891 $ 310,410 $231,500 $42,594 $ 206,940 3,000 3,200 3,100 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 unitStep by Step Solution
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