Exercise 4-3 Cost per Equivalent Unit-Weighted-Average Method [LO 4-3] 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 Cost added during May Equivalent units of production 5,500 $ 80,300 33,000 18,000 $ 238,900 35,000 2$ 27,500 $ 401,500 33,000 Required: Compute the cost per equivalent unit for materials, labor, overhead, and in total. (Round your answers to 2 decimal places.) Total Materials Overhead Labor Cost per equivalent unit
Exercise 4-3 Cost per Equivalent Unit-Weighted-Average Method [LO 4-3] 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 Cost added during May Equivalent units of production 5,500 $ 80,300 33,000 18,000 $ 238,900 35,000 2$ 27,500 $ 401,500 33,000 Required: Compute the cost per equivalent unit for materials, labor, overhead, and in total. (Round your answers to 2 decimal places.) Total Materials Overhead Labor Cost per equivalent unit
Chapter1: Financial Statements And Business Decisions
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![Exercise 4-3 Cost per Equivalent Unit-Weighted-Average Method [LO 4-3]
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
Cost added during May
Equivalent units of production
5,500
$ 80,300
33,000
18,000
$ 238,900
35,000
2$
27,500
$ 401,500
33,000
Required:
Compute the cost per equivalent unit for materials, labor, overhead, and in total. (Round your answers to 2 decimal places.)
Total
Materials
Overhead
Labor
Cost per equivalent unit](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F8aeb4c9c-8d33-4b47-954d-a4d3ce02aa40%2Fe7d20ff4-391b-40de-afc4-4295ed9b56bd%2Fddojr2r.png&w=3840&q=75)
Transcribed Image Text:Exercise 4-3 Cost per Equivalent Unit-Weighted-Average Method [LO 4-3]
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
Cost added during May
Equivalent units of production
5,500
$ 80,300
33,000
18,000
$ 238,900
35,000
2$
27,500
$ 401,500
33,000
Required:
Compute the cost per equivalent unit for materials, labor, overhead, and in total. (Round your answers to 2 decimal places.)
Total
Materials
Overhead
Labor
Cost per equivalent unit
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