Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Instructions Amount Descriptions Schedule of Costs Unit Cost Instructions September Direct materials Direct labor Applied overhead Molding Grinding Finishing Department Department Department $142,200 $14,900 $8.900
Instructions Amount Descriptions Schedule of Costs Unit Cost Instructions September Direct materials Direct labor Applied overhead Molding Grinding Finishing Department Department Department $142,200 $14,900 $8.900 14,600 33,800 23.700 17,800 135,000 18,400 During September, 0,000 components were completed. There is no beginning of 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, id total manufacturing cost. 2. Calculate the unit cost. (Round the unit cost to two decimal places.) Refer to the list below for the exact wording of an amount description within your schedule Amount Dencriptions Applied overhead Costs added Direct labor Direct materials From Finishing From Grinding From Molding Total manufacturing cost Work in process 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. Linsenmeyer Company Schedule of Costs For the Month of September Molding Dept 1 Grinding Dept. Finishing Dept 2 1 4 5 Instructions Amount Descriptions Schedule of Costs Schedule of Costs 1 For the Month of September Molding Dept Grinding Dept Finishing Dept. 2 3 5 6 Transferred-in cost: 7 8 9 Schedule of Costs Unit Cost 2. Calculate the unit cost. Round the unit cost to two decimal places. The unit cost is $ per unit
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started