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 $286,400 $30,400 $29,400

Direct labor 27,600 67,200 68,400

Applied overhead 35,000 272,000 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.)

Basic Cost Flows Amount Descriptions Schedule of Costs 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 $29,400 68,400 57,000 $286,400 $30,400 Direct materials Direct labor Applied overhead 35,000 272,000 27,600 67 200 During September, 18,000 components were completed. There is no beginning or ending WIP in any department. Required: Prepare a schedule showingfor each department, the cost of direct materials, direct labor, applied overhead. produet transferred in from a prior department, and total manufacturing cost. 1. 2. Calculate the unit cost. (Round the unit cost to two decimal places.)