Superior Micro Products uses the weighted-average method in its process costing system. Data for the Assembly Department
Posted: Wed Jul 06, 2022 6:08 am
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 Cost per equivalent unit Materials $ 18,000 $ 238,900 35,000 Materials Required: Compute the cost per equivalent unit for materials, labor, overhead, and in total. (Round your answers to 2 decimal places.) Labor $ 5,500 $ 80,300 33,000 Labor Overhead $ 27,500 $ 401,500 33,000 Overhead Total