Materials | Labor | Overhead | |
Cost per equivalent units | $7.34 | $2.60 | $13.00 |
Working note:-
Cost per equivalent unit = Total cost of item / equivalent unit of item
For material = ($18000+$238000)/35000 =$7.34
For labor = ($5500 + $ 80300)/33000 =$2.60
For Overhead =($27500 +$401500)/33000 =$13
Superior Micro Products uses the weighted-average method in its process costing system. Data for the Assembly...
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 Materials $ 18,000 $ 238,900 35,000 Labor $ 5,500 $ 80,300 33,000 Overhead $ 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.)
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 Materials $ 18,000 $ 238,900 35,000 Labor $ 5,500 $ 80,300 33,000 Overhead $ 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.) Materials Labor Overhead Total Labor Svarthand...
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