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Chapter 6 1. Linsenmeyer Company produces a common machine component for industrial equipment in three departments: molding, grinding, and finishing. The following data are available

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Chapter 6 1. Linsenmeyer Company produces a common machine component for industrial equipment in three departments: molding, grinding, and finishing. The following data are available Molding Grinding Finishing Department Department Direct materials $143,400 $15,200 Direct labor Applied overhead 17,500 Department $10,000 23,100 18,000 13,000 32,800 135,100 During September, 8,300 components were completed. There is no beginning or ending WIP in any department Prepare journal entries showing, for each department, the cost of direct materials, direct labor applied overhead, product transferred in from a prior department, and total manufacturing cost Calculate the unit cost 2. The blending department had the following data for the month of March: Units in BWIP Units completed Units in EwIP (20% complete) Total manufacturing costs 21,600 2,250 94,815 Required: I. What is the output in equivalent units for March? 2. What is the unit manufacturing cost for March? 3. Compute the cost of goods transferred out for March. 4. Calculate the value of March's EWIP

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