Materials | Labor | Overhead | Total | |
Cost per equivalent unit |
(27100+164,605)/2300 = 83.35 |
(44154+29436)/2200 = 33.45 |
(215019+143346)/2100 = 170.65 |
(83.35+33.45+170.65) = 287.45 |
2. Superior Micro Products uses the weighted-average method in its process costing system. Data for the...
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 $ 27,100 $ 44,154 $ 215,019 Cost added during May $ 164,605 $ 29,436 $ 143,346 Equivalent units of production 2,300 2,200 2,100 Required: Compute the cost per equivalent unit for materials, labor, overhead, and in total. (Round your answers to 2 decimal places.) Data concerning a recent period’s activity in...
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 $ 22,300 $35,694 $173,247 Cost added during May $135,305 $ 23,796 $115,498 Equivalent units of production 1,900 1,800 1,700 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 Cost per equivalent unit 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 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...
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 $ 19,900 $ 120,775 1,700 Labor $ 31,536 $ 21,024 1.600 Overhead S 152,505 $ 101,670 1.500 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 Cost per...
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 $ 40,600 $ 246,530 3,400 Labor $ 68,409 $ 45,606 3,300 Overhead $331,872 $ 221,248 3,200 Required: Compute the cost per equivalent unit for materials, labor, overhead, and in total. (Round your answers to 2 decimal places.) Materials Labor Overhead 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 proces, May 1 Cost added during May Equivalent units of production Materials $ 16,300 $ 99, 130 1,400 Labor $25,389 $ 16,926 1,300 Overhead $ 121,572 $ 81,048 1,200 ebook Required: Compute the cost per equivalent unit for materials, labor, overhead, and in total (Round your answers to 2 decimal places.) References Materials Labor Overhead Total...
Superior Micro Products uses the weighted average method in its process costing system. Data for the Assembly Department for May appear below: 10 points Work in process, May 1 Cost added during May Equivalent units of production Materials $ 30,800 $ 186,690 2,600 Labor $ 50,625 $ 33,750 2,500 Overhead $ 246,600 $ 164,400 2,400 eBook Hint Required: Compute the cost per equivalent unit for materials, labor, overhead, and in total. (Round your answers to 2 decimal places.) Print References...
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 Labor Overhead $ 18,000 $5,500 $ 27,500 $ 238,900 $ 80,300 $ 401,500 35,000 33,000 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 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 Materials $ 17,500 $ 106,325 1,500 Labor $ 27,426 $ 18,284 1,400 Overhead $ 131,859 $ 87,906 1,300 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 Cost per equivalent...
Clonex Labs, Inc., uses the weighted-average method in its process costing system. The following data are available for one department for October: Percent Completed Units Materials Conversion Work in process, October 1 53,000 90 % 60 % Work in process, October 31 40,000 73 % 53 % The department started 395,000 units into production during the month and transferred 408,000 completed units to the next department. Required: Compute the equivalent units of production for October. Clonex Labs, Inc., uses the...