insenmeyer Company produces a common machine component for industrial equipment in three departments: molding, grinding,...
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Accounting




insenmeyer Company produces a common machine component for industrial equipment in three departments: molding, grinding, and finishing. The following data are available for September: 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 transferred in from a prior department, and total manufacturing cost. 2. Calculate the unit cost. (Round the unit cost to two decimal places.) Refer to the list below for the exact wording of an amount description within your schedule. 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. Refer to the list of Amount Descriptions for the exact wording of text items within your schedule. Schedule of Costs 2. Calculate the unit cost. Round the unit cost to two decimal places. The unit cost is per unit
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