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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
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 $286,400 27,600 35,000 $30,400 67,200 272,000 $29,400 68,400 57,000 During September, 18,000 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.)
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