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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:

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:
a. Compute the cost per equivalent unit for materials, for labor, and for overhead. (Round your answers to 2 decimal places.)
b. Compute the total cost per equivalent whole unit.

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Answer:

                                                               Materials     Labor        Overhead

Work in process, May 1                         $22,300    $35,694     $173,247

Cost added during May                        $135,305   $23,796     $115,498

Total                                                       $157,605   $59,490    $288,745

a. Compute the cost per equivalent unit for materials, for labor, and for overhead. (Round your answers to 2 decimal places.)

Materials cost per EUP = $157,605 / 1,900 = $82.95

Labor cost per EUP = $59,490 / 1,800 = $33.05

Overhead cost per EUP = $288,745 / 1,700 = $169.85

b. Compute the total cost per equivalent whole unit.

total cost per EUP = $82.95 + $33.05 + $169.85 = $285.85

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