Required: Calculate the cost per equivalent unit for materials, labor and manufacturing overhead and in total Cost per equivalent unit-Weighted-Average Method         Material Labor Overhead Working in process, May 1….   $18,000 $5,500 $27,500 Cost Added during May   238,900 $80,300 $401,500 Equivalent units of production   35,000 33,000 33,000

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Required: Calculate the cost per equivalent unit for materials, labor and manufacturing overhead and in total

Cost per equivalent unit-Weighted-Average Method    
    Material Labor Overhead
Working in process, May 1….   $18,000 $5,500 $27,500
Cost Added during May   238,900 $80,300 $401,500
Equivalent units of production   35,000 33,000 33,000

 

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