Solution-Compute the cost per equivalent unit for materials

Compute the cost per equivalent unit for materials

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Reference no: EM133055975

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	$22,300	$35,694	$173,247
Cost added during May	$135,305	$23,796	$115,498
Equivalent units of production	1,900	1,800	1,700

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

Reference no: EM133055975

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Compute the cost per equivalent unit for materials

Reference no: EM133055975

Reference no: EM133055975

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