Basic Cost Flows Instructions Amount Descriptions Schedule of Costs Unit Cost Instructions Linsenmeyer Company produces a common machine component for industrial equipment in three departments: molding, grinding, and finishing. The following data are available for September Molding Grinding Finishing Department Department Department Direct materials Direct labor Applied overhead $143,700 13,000 18,300 $14,400 $9,500 33,300 23,100 136,400 18,500 During September, 9,200 components were completed. There is no beginning or ending WIP in any department Required: 1. Prepare 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.) Basic Cost Flows Instructions Amount Descriptions Schedule of Costs Unit Cost Amount Descriptions Refer to the list below for the exact wording of an amount description within your schedule. Amount Descriptions Applied overhead Costs added Direct labor Direct materials From Finishing From Grinding From Molding Total manufacturing cost Work in process Basic Cost Flows Instructions Schedule of Costs Amount Descriptions Schedule of Costs Unit Cost 1. Prepare 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. Refer to the list of Amount Descriptions for the exact wording of text items within your schedule 2 4 $ Transferred-in cost Linsenmeyer Company Schedule of Costs For the Month of September Molding Dept. Grinding Dept. Finishing Dept. Basic Cost Flows Instructions Unit Cost Amount Descriptions Schedule of Costs Unit Cost 2. Calculate the unit cost. Round the unit cost to two decimal places. The unit cost is $ per unit. X