Ainsley Industries uses the weighted-average method in its process costing system. Data for the Assembly...
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Accounting
Ainsley Industries uses the weighted-average method in its process costing system. Data for the Assembly Department for May appear below: Materials Labour Overhead Work in process, May 1 $ 40,000 $ 34,000 $ 123,500 Cost added during May $ 64,000 $ 24,500 $ 75,600 Equivalent units of production 2,700 2,000 2,400
Required: Compute the cost per equivalent unit for materials, for labour, for overhead, and in total. (Round your answers to 2 decimal places.)
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