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Compute cost per equivalent unit for materials and labor

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Question - 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

$36,900

$61,650

$299,715

Cost added during May

$223,965

$41,100

$199,810

Equivalent units of production

3,100

3,000

2,900

Required - Compute the cost per equivalent unit for materials, labor, overhead, and in total.

Reference no: EM132570541

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