Question
uperior 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
uperior 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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Managerial Accounting
Authors: Ray Garrison, Eric Noreen, Peter Brewer
16th edition
1259307417, 978-1260153132, 1260153134, 978-1259307416
