Compute the cost per equivalent unit for materials

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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

$29,500

$48,456

$236,049

Cost added during May

$179,375

$32,304

$157,366

Equivalent units of production

2,500

2,400

2,300

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

Reference no: EM133153695

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