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Business, 04.07.2020 22:01 TerronRice

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 Department Grinding Department Finishing Department Direct materials $286,400 $30,400 $29,400 Direct labor 27,600 67,200 68,400 Applied overhead 35,000 272,000 57,000During September, 18,000 components were completed. There is no beginning or ending WIP in any department. Required: a. 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. b. Calculate the unit cost. (Round the unit cost to two decimal places.)

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