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6-31 Algo Davis Company produces a common machine component for industrial equipment in three departments: molding, grinding, and finishing. The following data are available for

6-31 Algo Davis Company produces a common machine component for industrial equipment in three departments: molding, grinding, and finishing. The following data are available for November:

Molding Grinding Finishing

Department Department Department

___________________________________________________________________________________________

Direct Materials $143,900 $14,400 $9,400

Direct Labor 14,300 33,500 23,300

Applied Overhead 18,500 136,400 18,800

During November, 9,600 components were completed. There is no beginning or ending WIP in any department.

Required:1.Make a schedule showing, for each department, the cost of direct materials, direct labor, applied overhead, product transferred in from a prior department, and total manufacturing cost.

2.Calculate the unit cost. (Round the unit cost to two decimal places.)

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