Please follow the instructions from slide one to fill in chart. Need help with q

Question

Please follow the instructions from slide one to fill in chart. Need help with quuestion

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 143,900 $14,400 $9,400 Direct materials Direct labor Applied overhead 4300 33,500 23,300 18,800 8500 136.400 8,00 During September, 9,600 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.)

Explanation / Answer

Schedule of Cost: Molding Grinding Finishing Cost added: Direct Material 143900 14400 9400 Direct Labour 14300 33500 23300 Applied Overheads 18500 136400 18800 Transferred in cost From Molding 176700 From Grinding 361000 Total 176700 361000 412500 Total Manufacturing cost 412500 Divide: Number of units 9600 Unit cost 42.97

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