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Linsenmeyer Company produces a common machine component for industrial equipment in three departments: molding, grinding, and finishing. The following data are available for September
Linsenmeyer Company produces a common machine component for industrial equipment in three departments: molding, grinding, and finishing. The following data are available for September Grinding Finishing Direct materials Direct labor Applied overhead Molding Department $143,700 13,900 Department Department $14,400 $9,500 33,300 23,100 18,300 136,400 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 transtered 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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