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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 | $ | 21,100 | $ | 33,609 | $ | 162,864 |
Cost added during May | $ | 128,030 | $ | 22,406 | $ | 108,576 |
Equivalent units of production | 1,800 | 1,700 | 1,600 | |||
Compute the cost per equivalent unit for materials, labor, overhead, and in total. (Round your answers to 2 decimal places.)
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