Superior Micro Products uses the weighted-average method in its process costing system. Data for the Assembly Department for May appear below: Work in process, May 1 Cost added during May Equivalent units of production Required: Materials $ 25,900 $ 157,250 2,200 Labor $ 42,021 $ 28,014 Overhead $ 204,540 $136,360 2,100 2,000 Compute the cost per equivalent unit for materials, labor, overhead, and in total. (Round your answers to 2 decimal places.) Materials Labor Overhead Total Cost per equivalent unit
Superior Micro Products uses the weighted-average method in its process costing system. Data for the Assembly Department for May appear below: Work in process, May 1 Cost added during May Equivalent units of production Required: Materials $ 25,900 $ 157,250 2,200 Labor $ 42,021 $ 28,014 Overhead $ 204,540 $136,360 2,100 2,000 Compute the cost per equivalent unit for materials, labor, overhead, and in total. (Round your answers to 2 decimal places.) Materials Labor Overhead Total Cost per equivalent unit
Principles of Cost Accounting
17th Edition
ISBN:9781305087408
Author:Edward J. Vanderbeck, Maria R. Mitchell
Publisher:Edward J. Vanderbeck, Maria R. Mitchell
Chapter5: Process Cost Accounting—general Procedures
Section: Chapter Questions
Problem 7P: Premier Products Inc. has three departments and uses the process cost system of accounting. A...
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![Superior Micro Products uses the weighted-average method in its process costing system. Data for the Assembly Department for May
appear below:
Work in process, May 1
Cost added during May
Equivalent units of production
Required:
Materials
$ 25,900
$ 157,250
2,200
Labor
$ 42,021
$ 28,014
Overhead
$ 204,540
$136,360
2,100
2,000
Compute the cost per equivalent unit for materials, labor, overhead, and in total. (Round your answers to 2 decimal places.)
Materials
Labor
Overhead
Total
Cost per equivalent unit](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fa7c4f823-eb21-47de-8dd4-c7582ed931d2%2F43b87e8d-3b9a-4829-b3fa-68c0f71c124b%2Fu9eam8f_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Superior Micro Products uses the weighted-average method in its process costing system. Data for the Assembly Department for May
appear below:
Work in process, May 1
Cost added during May
Equivalent units of production
Required:
Materials
$ 25,900
$ 157,250
2,200
Labor
$ 42,021
$ 28,014
Overhead
$ 204,540
$136,360
2,100
2,000
Compute the cost per equivalent unit for materials, labor, overhead, and in total. (Round your answers to 2 decimal places.)
Materials
Labor
Overhead
Total
Cost per equivalent unit
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