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 $ 28,300 $ 46,299 $ 225,522 Cost added during May $ 171,980 $ 30,866 $ 150,348 Equivalent units of production 2,400 2,300 2,200 Required: Compute the cost per equivalent unit for materials, labor, overhead, and in total. (Round your answers to 2 decimal places.)

                                                     materials       labor       overhead

May 1                                             $28,300    $46,299    $225,522

Cost added during May              $171,980    $30,866    $150,348

total                                              $200,280    $77,165    $375,870    

Cost per equivalent unit:

EU materials = $200,280 / 2,400 = $83.45 per EU

EU labor = $77,165 / 2,300 = $33.55 per EU

Eu overhead = $375,870 / 2,200 = $170.85 per EU

answer; ///i believe the correct answer is(e) complementary to each other;

the answer is "b.the increased supply will create a surplus. "

the essential thought behind price controls is straightforward - utilize the power of law to modify the equilibrium of a market. for instance, the legislature may choose that the steel business needs to survive, and in this way pass a law to set a value floor on steel. this implies all steel sold must offer at or over the floor value, which must be set over the equilibrium cost for it to have any impact. the switch could likewise happen - the administration can choose that steel is excessively costly and set a value roof underneath its equilibrium value, with the goal that all steel must be sold at or beneath that ceiling.